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. 12,00012%212 = Rs. 240.

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