A, B and C are partners, their partnership deed provides for interest on drawings at 8% per annum. B withdrew a fixed amount in the middle of every month and his interest on drawings amounted to ₹4,800 at the end of the year. What was the amount of his monthly drawings?
(A) ₹10,000.
(B) ₹5,000.
(C) ₹1,20,000.
(D) ₹48,000.
