Vikas is a partner in a firm. His drawings during the year ended 31st March, 2019 were RS72,000. If interest on drawings is charged @ 9% p.a. the interest charged will be :
A. ₹324
B. ₹6,480
C. ₹3,240
D. ₹648
Answer:C
Vikas is a partner in a firm. His drawings during the year ended 31st March, 2019 were RS72,000. If interest on drawings is charged @ 9% p.a. the interest charged will be :
A. ₹324 B. ₹6,480 C. ₹3,240 D. ₹648