A draws a bill on B for Rs 100000 for 3 months. The bill was discounted with bank at 15% p.a half of the proceeds are remitted to the amount Received by B will be Rs
A. 33334
B. 25000
C. 30000
D. 48125
Answer:D
A draws a bill on B for Rs 100000 for 3 months. The bill was discounted with bank at 15% p.a half of the proceeds are remitted to the amount Received by B will be Rs
A. 33334 B. 25000 C. 30000 D. 48125