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Sushil is a partner in a firm. He withdrew ₹ 4,000 per month in the middle of every month during the year ended 31st March, 2024. If interest on drawings is charged @ 8% p.a. - Accounts

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प्रश्न

Sushil is a partner in a firm. He withdrew ₹ 4,000 per month in the middle of every month during the year ended 31st March, 2024. If interest on drawings is charged @ 8% p.a., the interest charged will be ______.

विकल्प

  • ₹ 2,080

  • ₹ 1,760

  • ₹ 3,840

  • ₹ 1,920

MCQ
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उत्तर

Sushil is a partner in a firm. He withdrew ₹ 4,000 per month in the middle of every month during the year ended 31st March, 2024. If interest on drawings is charged @ 8% p.a., the interest charged will be ₹ 1,920.

Explanation:

Sushil withdrew ₹ 4,000 per month in the middle of every month, and the time period was `6/12` of a year.

Total withdrawal = 4,000 × 12

= ₹ 48,000

Interest on drawings = `48,000 xx 8/100 xx 6/12`

= ₹ 1,920

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अध्याय 1: Accounting for Partnership Firms - Fundamentals - OBJECTIVE TYPE QUESTIONS [पृष्ठ १.१८१]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
अध्याय 1 Accounting for Partnership Firms - Fundamentals
OBJECTIVE TYPE QUESTIONS | Q 53. | पृष्ठ १.१८१
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