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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 3 · Set 2 · Q15
If a fixed amount is withdrawn by a partner at the beginning of each month, interest on drawings on the total amount will be calculated for:
If a fixed amount is withdrawn by a partner at the beginning of each month, interest on drawings on the total amount will be calculated for :
Official answer
(D)
$\displaystyle 6$ $\displaystyle 2$
Marking-scheme solution
(d)
$\displaystyle 6$ ½ months
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CBSE Class 12 Accountancy past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.