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A, B and C are partners in a firm, B withdrew Rs. 800 at the end of each month of the year. Calculate interest on B’s drawings @ 6% p.a.

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A, B and C are partners in a firm, B withdrew Rs. 800 at the end of each month of the year. Calculate interest on B’s drawings @ 6% p.a.

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Interest on drawing = (9600 X 6/100) X (5.5/12) = 264

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