Question : C is a partner in a firm. He withdrew Rs. 10,000 in each quarter during the year ended March 31, 2019. Interest on drawings @ 9% PA will be

Option 1: Rs. 1,350

Option 2: Rs. 2,250

Option 3: Rs. 900

Option 4: Rs. 1,800

Question : Ram and Mohon are Partners with a capital of Rs 37500 and Rs 22,500, respectively. Interest Payable on capital @ 10% p.a. Find the interest on capital credited to both partners when the Profit earned by the firm is Rs 3600.

Option 1: Rs 3,750, Rs 2,250.

Option 2: Rs 1,800, Rs 1,800

Option 3: Rs 2,250, Rs 1,350

Option 4: None of these.

Question : In a Partnership firm, a Partner withdrew Rs. 5,000 per month on the first day of every month during the year for personal expenses. If interest on Drawimgs is charged @ 6% PA, the interest charged will Be

Option 1: Rs. 3,600

Option 2: Rs. 1,950

Option 3: Rs. 1,800

Option 4: Rs. 1,650

Question : In a Partnership firm, a Partner withdrew Rs. 5,000 per month on the first day of every month during the year for personal expenses. If interest on Drawimgs is charged @ 6% PA, the interest charged will Be

Option 1: Rs. 3,600

Option 2: Rs. 1,950

Option 3: Rs. 1,800

Option 4: Rs. 1,650

Question : Mr Yash, a partner in the firm withdrew Rs.24,000 at the end of every half year. The interest on such drawings will be charged @ 12% p.a. The amount of interest on drawings will be:

Option 1: Rs.2,880

Option 2: Rs.1,440

Option 3: Rs.2,400

Option 4: Rs.2,000