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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 4 · Set 2 · Q4
Vishnu and Mishu are partners in a firm. Mishu draws a fixed amount at the end of every quarter. Interest on drawings is charged @ $\displaystyle 15$% p.a. At the end of the year interest on Mishu's drawings amounted to ₹ $\displaystyle 9$,000. Interest on drawings was charged on drawings of Mishu for :
Official answer
From CBSE’s own marking scheme for this paper.
(C)
$\displaystyle 4$ % months
Marking-scheme solution
(C)
$\displaystyle 4$ ½ months
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CBSE Class 12 Accountancy past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.