Question

X drew a bill of Rs 4,000 on Y on 7th January, 2019 for 2 months. X discounted this bill

with Bank on 10th January, 2019 at 12 % p.a. At maturity, the bill was dishonoured

and bank paid Rs 70 as noting charges. How much amount Bank will deduct from the

bank balance of X at the time of dishonour?​

Answer 1

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Answer 2

Answer:

12000 Rs for 2 months is answer