CA Foundation Exam > CA Foundation Questions > Ram and Mohan, are partner’s. They draw...
Start Learning for Free
Ram and Mohan, are partner’s. They draw for private use Rs. 6,000 and Rs. 4,000 respectively. Interest is changeable @ 6 percent per annum on drawings. What is the interest?
- a)Ram Rs. 180 and Mohan Rs. 120
- b)Ram Rs. 360 and Mohan Rs. 240
- c)Ram Rs. 30 and Mohan Rs. 20
- d)None
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Ram and Mohan, are partner’s. They draw for private use Rs. 6,00...
When the dates of drawings are not given interest is calculated on the total amount of drawings for an average period of 6 months
Ram= 6000×6/100×6/12 = Rs. 180
Mohan = 4000×6/100×6/12= Rs. 120
Free Test
FREE
| Start Free Test |
Community Answer
Ram and Mohan, are partner’s. They draw for private use Rs. 6,00...
S in a business venture. They both contribute equally to the capital invested in the business and share the profits and losses equally. Ram is responsible for managing the operations of the business, while Mohan takes care of the finances and accounting.
They have been working together for several years and have built a strong partnership based on trust, mutual respect, and shared vision for the growth of the business. They have also faced their fair share of challenges and disagreements, but have always been able to resolve them through open communication and a willingness to compromise.
As the business continues to grow, Ram and Mohan are exploring new opportunities and strategies to expand their reach and increase their profitability. They are committed to working together towards their shared goals and are confident that their partnership will continue to thrive in the years to come.
They have been working together for several years and have built a strong partnership based on trust, mutual respect, and shared vision for the growth of the business. They have also faced their fair share of challenges and disagreements, but have always been able to resolve them through open communication and a willingness to compromise.
As the business continues to grow, Ram and Mohan are exploring new opportunities and strategies to expand their reach and increase their profitability. They are committed to working together towards their shared goals and are confident that their partnership will continue to thrive in the years to come.
|
Explore Courses for CA Foundation exam
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
Ram and Mohan, are partner’s. They draw for private use Rs. 6,000 and Rs. 4,000 respectively. Interest is changeable @ 6 percent per annum on drawings. What is the interest?a)Ram Rs. 180 and Mohan Rs. 120b)Ram Rs. 360 and Mohan Rs. 240c)Ram Rs. 30 and Mohan Rs. 20d)NoneCorrect answer is option 'A'. Can you explain this answer?
Question Description
Ram and Mohan, are partner’s. They draw for private use Rs. 6,000 and Rs. 4,000 respectively. Interest is changeable @ 6 percent per annum on drawings. What is the interest?a)Ram Rs. 180 and Mohan Rs. 120b)Ram Rs. 360 and Mohan Rs. 240c)Ram Rs. 30 and Mohan Rs. 20d)NoneCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Ram and Mohan, are partner’s. They draw for private use Rs. 6,000 and Rs. 4,000 respectively. Interest is changeable @ 6 percent per annum on drawings. What is the interest?a)Ram Rs. 180 and Mohan Rs. 120b)Ram Rs. 360 and Mohan Rs. 240c)Ram Rs. 30 and Mohan Rs. 20d)NoneCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ram and Mohan, are partner’s. They draw for private use Rs. 6,000 and Rs. 4,000 respectively. Interest is changeable @ 6 percent per annum on drawings. What is the interest?a)Ram Rs. 180 and Mohan Rs. 120b)Ram Rs. 360 and Mohan Rs. 240c)Ram Rs. 30 and Mohan Rs. 20d)NoneCorrect answer is option 'A'. Can you explain this answer?.
Ram and Mohan, are partner’s. They draw for private use Rs. 6,000 and Rs. 4,000 respectively. Interest is changeable @ 6 percent per annum on drawings. What is the interest?a)Ram Rs. 180 and Mohan Rs. 120b)Ram Rs. 360 and Mohan Rs. 240c)Ram Rs. 30 and Mohan Rs. 20d)NoneCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Ram and Mohan, are partner’s. They draw for private use Rs. 6,000 and Rs. 4,000 respectively. Interest is changeable @ 6 percent per annum on drawings. What is the interest?a)Ram Rs. 180 and Mohan Rs. 120b)Ram Rs. 360 and Mohan Rs. 240c)Ram Rs. 30 and Mohan Rs. 20d)NoneCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ram and Mohan, are partner’s. They draw for private use Rs. 6,000 and Rs. 4,000 respectively. Interest is changeable @ 6 percent per annum on drawings. What is the interest?a)Ram Rs. 180 and Mohan Rs. 120b)Ram Rs. 360 and Mohan Rs. 240c)Ram Rs. 30 and Mohan Rs. 20d)NoneCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Ram and Mohan, are partner’s. They draw for private use Rs. 6,000 and Rs. 4,000 respectively. Interest is changeable @ 6 percent per annum on drawings. What is the interest?a)Ram Rs. 180 and Mohan Rs. 120b)Ram Rs. 360 and Mohan Rs. 240c)Ram Rs. 30 and Mohan Rs. 20d)NoneCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Ram and Mohan, are partner’s. They draw for private use Rs. 6,000 and Rs. 4,000 respectively. Interest is changeable @ 6 percent per annum on drawings. What is the interest?a)Ram Rs. 180 and Mohan Rs. 120b)Ram Rs. 360 and Mohan Rs. 240c)Ram Rs. 30 and Mohan Rs. 20d)NoneCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Ram and Mohan, are partner’s. They draw for private use Rs. 6,000 and Rs. 4,000 respectively. Interest is changeable @ 6 percent per annum on drawings. What is the interest?a)Ram Rs. 180 and Mohan Rs. 120b)Ram Rs. 360 and Mohan Rs. 240c)Ram Rs. 30 and Mohan Rs. 20d)NoneCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Ram and Mohan, are partner’s. They draw for private use Rs. 6,000 and Rs. 4,000 respectively. Interest is changeable @ 6 percent per annum on drawings. What is the interest?a)Ram Rs. 180 and Mohan Rs. 120b)Ram Rs. 360 and Mohan Rs. 240c)Ram Rs. 30 and Mohan Rs. 20d)NoneCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Ram and Mohan, are partner’s. They draw for private use Rs. 6,000 and Rs. 4,000 respectively. Interest is changeable @ 6 percent per annum on drawings. What is the interest?a)Ram Rs. 180 and Mohan Rs. 120b)Ram Rs. 360 and Mohan Rs. 240c)Ram Rs. 30 and Mohan Rs. 20d)NoneCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Ram and Mohan, are partner’s. They draw for private use Rs. 6,000 and Rs. 4,000 respectively. Interest is changeable @ 6 percent per annum on drawings. What is the interest?a)Ram Rs. 180 and Mohan Rs. 120b)Ram Rs. 360 and Mohan Rs. 240c)Ram Rs. 30 and Mohan Rs. 20d)NoneCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation 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
|
|
Signup to see your scores
go up
within 7 days!
within 7 days!
Takes less than 10 seconds to signup