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interest on drawing for drawings made at end of each half year.

  1. interest on drawings for drawings at the end of each year is 6 plus 0 divided by 2 =3 by 12
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interest on drawings= amount x 12 x 13/2 x rate or percentage / 100
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Suppose for example...Raj withdrew 40000 at the end of each half year So int on partners drawings@12% will be = (40000×2)×3/12×12/100 =80000×3/12×12/100 =2400
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