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12th Class Accountancy Fundamentals of Partnership Question Bank MCQs - Accounting for Partnership Firm - Fundamentals

  • question_answer
    Calculate interest on drawings of Mr. D @ 10% p.a. for the year ended 31.03.2021, if he withdrew an equal amount in the middle of every month and his total drawings are Rs.14,400.

    A) 720 

    B) 660      

    C) 780 

    D) 1,440

    Correct Answer: A

    Solution :

    720


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