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Accountancy · 2025 · 1 mark

CBSE 2025 · Region 2 · Set 3 · Q5

Nandita and Prabha were partners in a firm. Nandita withdrew ₹ 3,00,000 during the year for personal use. The partnership deed provides for charging…

Nandita and Prabha were partners in a firm. Nandita withdrew ₹ $\displaystyle 3,00,000$ during the year for personal use. The partnership deed provides for charging interest on drawings @ $\displaystyle 10$% p.a. Interest on Nandita's drawings for the year ended 31st March, $\displaystyle 2024$ will be :
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