Question

On 1th January 2006, Vimal sold goods worth Rs. 20,000 to Renu and drew a bill on Renu for 3 Months. Renu Accepted the bill and returned it to Vimal who discounted the bill with, bank on 4th February 2006 @ 15% p.a. The discounting charges will be : (a) Rs. 3,000 (b) Rs. 750 (c) Rs. 500 (d) None of the above

Answer 1

answer numbe A is corret