Find the amount of discounting charges (in Rs).

400

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500

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450

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600

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Solution

The correct option is C $450$
Discounting Charges = Amount of Bill Discounted $\times \frac{R a t e}{100} \times$ Unexpired Period
= $3000 \times \frac{9 \times 2}{100}$ = Rs. $450$

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Find the amount of discounting charges (in Rs).

The correct option is C 450Discounting Charges = Amount of Bill Discounted ×Rate100× Unexpired Period = 3000×9×2100 = Rs. 450

The correct option is C $450$
Discounting Charges = Amount of Bill Discounted $\times \frac{R a t e}{100} \times$ Unexpired Period
= $3000 \times \frac{9 \times 2}{100}$ = Rs. $450$