A bill was drawn on 1st March 2018 for Rs. 8,000 for 3 months. It was discounted
from bank on 1st May 2018 @ 9% p.a. The amount of discount will be :
(a) Rs. 360
(b) Rs. 180
(c) Rs. 120
(d) Rs. 60
Answers
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Answer:
(b) Rs. 180
Explanation:
8000×9/100×3/12= 180 rs
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