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Rishi is a partner in a firm. He withdrew the following amounts during the year ended March 31, 2007.

May 01, 2006 Rs. 12,000

July 31, 2006 Rs. 6,000

September 30, 2006 Rs. 9,000

November 30, 2006 Rs. 12,000

January 01, 2007 Rs. 8,000

March 31, 2007 Rs. 7,000

Interest on drawings is charged @ 9% p.a. Calculate interest on drawings

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Interest on Rish"s drawings

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