CUET Accountancy - What is the amount of profit to be credited to A's Capital account? | PYQs + Solutions

CUET Accountancy 2025 15 May Shift 1

Partnership

Hard

Rs.5,28,000

Rs.5,30,000

Rs.5,35,000

Rs.5,38,000

✅ Correct Option: 4

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Aashish withdrew Rs. 10,000 per month from the firm for his personal use during the year ending March 31, 2017. Calculate the interest on drawings, which is charged @8% p.a., when the amount is withdrawn at the beginning of each month .

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Ram, one of the partners, has withdrawn ₹ 1,00,000 from Business for his personal work. If the rate of interest charged on drawings is 12% p.a., find the amount of interest on drawings to be charged from Ram:

CUET Accountancy 2025 15 May Shift 1 PYQs

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