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प्रश्न
Mr. Ashok Gupta is a partner in a firm. He withdrew the following amounts during the year ended 31st March, 2024:
| ₹ | |
| April, 30 | 8,000 |
| June, 30 | 6,000 |
| Sept., 30 | 5,000 |
| Dec., 31 | 12,000 |
| Jan., 31 | 10,000 |
Calculate interest on drawings @ 9% p.a. for the year ended on 31st March, 2024.
संख्यात्मक
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उत्तर
Simple Method:
| Date | Amount (₹) | Period (Months upto March 31) |
Interest @ 9% (₹) |
| April 30 | 8,000 | 11 | 660 |
| June 30 | 6,000 | 9 | 405 |
| Sept 30 | 5,000 | 6 | 225 |
| Dec 31 | 12,000 | 3 | 270 |
| Jan 31 | 10,000 | 2 | 150 |
| Total | 41,000 | 1,710 |
Working Note:
Calculate interest on drawings @ 9% p.a.:
1. April 30 Amount: ₹ 8,000 for 11 months
= `8,000 xx 9/100 xx 11/12`
= ₹ 660
2. June 30 Amount: ₹ 6,000 for 9 months
= `6,000 xx 9/100 xx 9/12`
= ₹ 405
3. Sept 30 Amount: ₹ 5,000 for 6 months
= `5,000 xx 9/100 xx 6/12`
= ₹ 225
4. Dec 31 Amount: ₹ 12,000 for 3 months
= `12,000 xx 9/100 xx 3/12`
= ₹ 270
5. Jan 31 Amount: ₹ 10,000 for 2 months
= `10,000 xx 9/100 xx 2/12`
= ₹ 150
Interest on Drawings = 660 + 405 + 225 + 270 + 150
= ₹ 1,710
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