Question

‘A’ has discounted 3 months bill @ 10% p.a. from bank and given credit of 11,700. On due date, the bill wasdishonoured and noting charges of Rs.50 was paid by bank. The amount by which A’s A/c will be debited by bankis__________a) 13050
b) 12050c) 11000
d) None

Answer 1

answer is a 13050part a