WB HS Accountancy Practice Questions - West Bengal Higher Secondary Examination - Accountancy Exam

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A partner withdraws ₹4,000 at the middle of every month throughout the financial year. Interest on drawings is charged at 10% per annum. What is the total interest on drawings?

₹2,400 ₹2,600 ₹2,200 ₹4,800

Correct Answer:

₹2,400

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