Question

A sole proprietor withdrew ₹ 1,00,000 on January 31, 2023 for his personal use from his business. Calculate interest on Drawings @ 12% p.a. for the year 2022-23.

A ₹ 1,000
B ₹ 2,000
C ₹ 3,000
D ₹ 4,000
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