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प्रश्न
Gupta is a partner in a firm. He regularly drew ₹ 800 at the beginning of every month for the six months ending 31st March, 2024. Calculate interest on drawings at 15% p.a.
संख्यात्मक
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उत्तर
Since drawings are made at the beginning of every month for 6 months, the average period method will be used.
Total drawings = 800 × 6
= ₹ 4,800
Period = 6 months + 1 month
= 7 months
Average Period = `7/2`
= 3.5 months
Interest on drawings = `4,800 xx 15/100 xx 3.5/12`
= ₹ 210
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