Rakesh and Roshan are partners, sharing profits in the ratio of 3:2 with capitals of Rs. 40,000 and Rs. 30,000, respectively. They withdrew from the firm the following amounts, for their personal use:
`{:("Rakesh","Month","Rs."),(,"May "31",2016"," "600),(,"June "30","2016," "500),(,"August "31","2016,1_(,)000),(,"November "1","2016," "400),(,"December "31","2016,1_(,)500),(,"January "31","2017," "300),(,"March "01","2017," "700),("Rohan","At the beginning of each month"," "400):}`
Interest is to be charged @ 6% p.a. Calculate interest on drawings, assuming that book of accounts are closed on March 31, 2017, every year.

Answer

Interest on Rakesh’s Drawings : Rs. 126.50; Rohan’s Drawings Rs. 156 rounded off to nearest rupee