Question

Siddhant sold goods to Sudhir of 43,800 on 18th March, 2019. Siddhant draws a bullon
discounted the bill on the same day at 8% pa the bill was dishonoured on the due date and
Sudhir requested Siddhant to accept ? 13,800 and interest in cash on remaining emount at 129
pa Siddhant agreed and for the balance amount accepted a new bill at 2 months. Before the
due date of new bill Sudhir retired the bill by paying 29.700.
on the same day for 43.800 for 3 months which was duly accepted by Sudhir. Siddhant​

Answer 1

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