Question

X draws a bill on 1/04/16 for Rs.60,000 for 3 months. Y accepted it 8/04/16. The bill was discounted on 2/05/16 @ 12%p.a. The amount of discount will be Rs.___________ (a) 1800 (b) 1200 (c) 600 (d) 1300

Answer 1

$<b1>$

X draws a bill on 1/04/16 for Rs.60,000 for 3 months. Y accepted it 8/04/16. The bill was discounted on 2/05/16 @ 12%p.a. The amount of discount will be Rs.1800.

So, the Answer is :-

[A] 1800 ✓✓

Answer 2

Hello Friend

Ans

Option.A

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