MCQOPTIONS
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| 1. |
‘A’ has discounted 3 monthsnbill @ 10% p.a. from bank and given credit of11,700. On due date, the bill wasndishonoured and noting charges of Rs.50 was paid by bank. The amount by which A’s A/c will be debited bynnbank is__________ |
| A. | 13050 |
| B. | 12050 |
| C. | 11000 |
| D. | None |
| Answer» C. 11000 | |