Question
On 1st April 2011, Rohan sold goods to Shyam for Rs. 30,000 on credit against his acceptance for 3 months. Rohan discounted the bill with his bank on 4th May 2011 @ 9% per annum. Find out the amount of discounting charges.
Answer: Option D
:
D
Discount
= Rs. 30,000∗9%∗212 = Rs. 450.
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:
D
Discount
= Rs. 30,000∗9%∗212 = Rs. 450.
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