Y-draws a trade bill of 12,000 for 6 months on X. After holding the bill for 2.5 months, Ydiscount the bill with bank @ 10% p.a. The amount of discount on bill is

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

1.	Y-draws a trade bill of 12,000 for 6 months on X. After holding the bill for 2.5 months, Ydiscount 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