JAMB Principles of Accounts 2024 Question 36

Use the information below to answer questions 35 and 36.
Kola and Kade are in partnership sharing profit and losses in the ratio 3:2
Capital – Kola ₦20,000
Capital – Kade ₦10,000
Drawings – Kola ₦2,000
Drawings – Kade ₦3,000
Profit ₦6,000
Interest on capital 5%
Interest on drawing 10%
The interest on Kola's drawings is

1. A.₦100
2. B.₦150
3. C.₦200
4. D.₦300