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प्रश्न
Calculate the interest on Drawings of Bipasa @ 9% p.a. for the year ended 31st March 2026, if she withdrew ₹ 10,000 at the end of each quarter.
संख्यात्मक
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उत्तर
1. Total Drawings
- Number of quarters in a year: 4
- Amount per quarter: ₹ 10,000
- Total amount withdrawn: 10,000 × 4 = 40,000
2. Average Period
Months remaining after first drawing (30th June): 9 months
Months remaining after last drawing (31st March): 0 months
Formula = `"Months left after first drawing + Months left after last drawing"/2`
Calculation = `(9 + 0)/2 = 4.5` months
3. Interest Formula & Computation
Interest on Drawings = `"Total Drawings" xx "Rate"/100 xx "Average Period"/12`
Interest on Drawings = `40,000 xx 9/100 xx 4.5/12 = 1.350`
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