question_answer

Vinod, Kumar and Shray are partners. During the year Vinod and Shray each withdrew a total sum of Rs.72,000 in equal installments in the beginning of each month and Kumar withdrew a total sum of Rs.12,000 in equal installments at the end of each month. At the end of the year there wasa loss of Rs.60,000. Interest on Drawings @ 6% p.a. will be:

A) Vinod 4,320; Kumar 720; Shray 4,320

B) Vinod 2,340; Kurnar 2,340; Shray 2,340

C) No interest on drawings due to loss

D) Vinod 2,340; Kumar 330; Shray 2,340