Y-draws a trade bill of 12,000 for 6 months on X. After holding the bi – McqOptions

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1.	Y-draws a trade bill of 12,000 for 6 months on X. After holding the bill for 2.5 months, Y discount the bill with bank @ 10% p.a. The amount of discount on bill is
A.	100
B.	350
C.	600
D.	250
Answer» C. 600

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