Multiple Choice Questions on A a partner in a firm is drawing 500 regularly on the 16th of every month He will have to pay intere........... for UGC NET ( Commerce) Preparation

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Multiple Choice Questions

A a partner in a firm is drawing 500 regularly on the 16th of every month He will have to pay intere...........

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    A, a partner in a firm, is drawing ` 500 regularly on the 16th of every month. He will have to pay interest at the given rate in a year on ` 6000 for the total period of  (2 marks)

    5 months

    Incorrect Answer

    6 months

    Correct Answer

    7 months

    Incorrect Answer

    12 months

    Incorrect Answer
    Explanation:

    6 months

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