X and Y are partners in the firm. They withdraw @ of ₹1,500 and ₹1,200 respectively on 15th day of every month for all the twelve months starting from April 2022 to March 2023. Interest on drawing is chargeable @ 10% per annum. What would be the amount of interest for X and Y during the financial year 2022-23?

1
₹900 and ₹600
2
₹1,800 and ₹1,200
3
₹990 and ₹792
4
₹1,170 and ₹780

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Quick Navigation