The average number of months for which interest on drawings will be calculated, will be :

Class 12th Accountancy, Question paper 2023: The average number of months for which interest on drawings will be calculated, will be : 

These are the options for the Question: The average number of months for which interest on drawings will be calculated, will be :

(A) 3% months (B) 4% months
(C) 7% months ) 6 months

The correct answer  is: (B) 4% months