Question on: JAMB Accounting - 2008
Given:
Capital:..G...........N5 000
..........T...........N8 000
Drawings: G...........N2 000
..........T..........N1 000
Interest on capital..10%
Interest on Drawings..5%
Find the interest on drawings of G?
A
N50
B
N100
C
N200
D
N250
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Correct Option: B
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