A bill of Rs. 12,500 drawn by Shyam is accepted by Ram. Shyam gets its discounted @ 12% p.a. due 3 months hence, the discounting charges borne by Shyam is :

Rs. 375

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Rs. 1,500

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Rs. 250

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Rs. 1,000

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Solution

The correct option is A
Rs. 375

Discount = $R s . 12, 500 * 12 % * \frac{3}{12} = R s . 375$

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A bill of Rs. 12,500 drawn by Shyam is accepted by Ram. Shyam gets its discounted @ 12% p.a. due 3 months hence, the discounting charges borne by Shyam is :

The correct option is A Rs. 375 Discount = Rs. 12,500∗12%∗312=Rs. 375

The correct option is A
Rs. 375

Discount = $R s . 12, 500 * 12 % * \frac{3}{12} = R s . 375$