Discounting Charges = Options: A . &nbspAmount of Bill Discounted × Rate +Unexpired Period B . &nbspAmount of Bill Discounted +Rate × Unexpired Period C . &nbspAmount of Bill Discounted × Rate × Unexpired Period D . &nbspNone of these

Discounting Charges =

Question

Discounting Charges =

Options:

A . Amount of Bill Discounted × Rate +Unexpired Period

B . Amount of Bill Discounted +Rate × Unexpired Period

C . Amount of Bill Discounted × Rate × Unexpired Period

D . None of these

Answer: Option C
:
C
The 'discounting charges' of a bill depends on the rate of interest and the period of maturity.

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Question 1. The drawer opens a temporary account in his books when the bill is sent to the bank for collection. The name of the acco....bank for collection. The name of the account is ______

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Question 10. Discounting a bill of exchange means ?....

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