Drawings at end of every month for 10 months: average period = 29+0 = 4.5 months.
Total drawings = 5,000 times 10 = 50,000.
Interest = 50,000 times 10 percent times 124.5 = Rs. 1,875.
Gitansh withdrew Rs. 5000 pm at the end of every month for ten months. Interest on drawing is charged @ 10% p.a. Gitansh's interest on drawings is :
Held on 23 Aug 2022 · Verified 13 Jul 2026.
Rs. 1875
Rs. 2250
Rs. 2292
Rs. 2750
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