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(Calculation of Interest on Drawings by Simple Method and Product Method). In a partnership, partners are charged interest on drawings @ 15% p.a. During
(Calculation of Interest on Drawings by Simple Method and Product Method). In a partnership, partners are charged interest on drawings @ 15% p.a. During the year ended 31st March, 2018, a partner drew as follows: 1st May, 1st August Date 2017 2017 30th September, 31st January, 31st March, 2017 2018 2018 6,000 Amount 2,000 2,000 (Rs.) What is the interest chargeble from the partner? 5,000 2,000
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