Partner X and Y withdraws Rs. 3,000 and Rs. 5,000 in the beginning of every month during the year. Interest on drawing @ 10% p.a. for the year will be
A. Rs. 5,200
B. Rs. 5,100
C. Rs. 5,150
D. Rs. 9,600
Answer: Option A
This Question Belongs to Commerce >> Accounting
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