Amar sold goods to Bimal for Rs. 10,000 on credit and Bimal accepted the bill for 90 days . In next month, Bimal endorsed the bill in the favour of Charu to settle her debt of Rs. 11,250. After 30 days, Charu discounted the bill with her bank @ 8%. Calculate amount of encashment on maturity of bill?
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Answer:
No. Of Amar sold goods : 10,000
No. Of charu to settle her debt : 11,250
Total :21,250
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