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3 In the absence of Partnership Deed, a There is no Interest on Drawings b Interest on Drawings is allowed at the rate of 6%

3\ In the absence of Partnership Deed,

a\ There is no Interest on Drawings

b\ Interest on Drawings is allowed at the rate of 6%

c\ Interest on Drawings is allowed at the rate of 5%

d\ Interest on Drawings is allowed at the rate of 4%

choose the correct answer

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