Bipasa is a partner in a firm. She withdrew ₹6,000 at the end of each quarter during the year ended 31st March, 2019. Interest on her drawings @ 10% p.a. will be :
A. ₹900
B. ₹600
C. ₹1,500
D. ₹1,200
Answer:A
Bipasa is a partner in a firm. She withdrew ₹6,000 at the end of each quarter during the year ended 31st March, 2019. Interest on her drawings @ 10% p.a. will be :
A. ₹900 B. ₹600 C. ₹1,500 D. ₹1,200