Ram gets Mohan’s acceptance for Rs. 12,000 discounted at 2 months at 12 % p.a. The amount of discount will be :

**Options:**

A. | Rs. 240 |

B. | Rs. 120 |

C. | Rs. 80 |

D. | Rs. 40 |

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**Answer: Option A**

: A

Discount

= Rs. 12,000∗12%∗212 = Rs. 240.

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