CUET Accountancy - Answer the questions from based on following paragraph Preeti, Kabir and Shershah are partners in a firm. Kabir retires from the firm. On his date of retirement, Rs 1,00,000 became due to him. Preeti and Shershah promised to pay him in four yearly equal installments plus interest @ 12% p.a. on the unpaid balance every year at the end of the year, to which he agreed. The amount of interest payable at the end of fourth year will be | PYQs + Solutions | AfterBoards