Question

AMIT DRAWS A BILL ON BAHUL FOR RS. 50,000. AMIT ENDORSED IT TO CHANCHAL IN FULL SETTLEMENT OF RS. 50,500. NOTING CHARGES OF RS. 200 AS THE BILL RETURNED DISHONOURED. AMIT WANTS TO PAY THE AMOUNT TO CHANCHAL AT 2% DISCOUNT. THE AMOUNT TO BE PAID BY AMIT TO CHANCHAL WILL BE
a) RS. 49,000
b) RS. 49,490
c) RS. 49,686
d) RS. 50,500

Answer 1

Answer:

49,490

〒_〒〒_〒〒_〒〒_〒〒_〒〒_〒〒_〒〒_〒