Class 12 Exam > Class 12 Questions > Find drawing on interest by product method?
Start Learning for Free
Find drawing on interest by product method?
Most Upvoted Answer
Find drawing on interest by product method?
Multiply all the amounts of drawings with their respective no. of months upto last day of financial year. Then add the product. now apply this formula...
total product×%interest/100×1/12
FOR EXAMPLE::
1st may, 2019-2000
1st August, 2019-5000
30th sep. 2019 -2000
31st jan. 2020-6000
31st mar. 2020-2000
ANSWER:
amounts no. of months upto 31mar, 2020 product
2000 11 22000
5000 8 40000
2000 6 12000
6000 2 12000
2000 0 0
so, total product is 86000
now applying above formula
86000×15×1/100×12
==1075
total product×%interest/100×1/12
FOR EXAMPLE::
1st may, 2019-2000
1st August, 2019-5000
30th sep. 2019 -2000
31st jan. 2020-6000
31st mar. 2020-2000
ANSWER:
amounts no. of months upto 31mar, 2020 product
2000 11 22000
5000 8 40000
2000 6 12000
6000 2 12000
2000 0 0
so, total product is 86000
now applying above formula
86000×15×1/100×12
==1075
Community Answer
Find drawing on interest by product method?
But where is your question?
|
Explore Courses for Class 12 exam
|
|
Similar Class 12 Doubts
Find drawing on interest by product method?
Question Description
Find drawing on interest by product method? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Find drawing on interest by product method? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Find drawing on interest by product method?.
Find drawing on interest by product method? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Find drawing on interest by product method? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Find drawing on interest by product method?.
Solutions for Find drawing on interest by product method? in English & in Hindi are available as part of our courses for Class 12.
Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.
Here you can find the meaning of Find drawing on interest by product method? defined & explained in the simplest way possible. Besides giving the explanation of
Find drawing on interest by product method?, a detailed solution for Find drawing on interest by product method? has been provided alongside types of Find drawing on interest by product method? theory, EduRev gives you an
ample number of questions to practice Find drawing on interest by product method? tests, examples and also practice Class 12 tests.
|
|
Explore Courses for Class 12 exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup