Lara draws an accommodation bill on Sachin. The proceeds are to be borne between Sachin and Lara in the ratio of 3:1. The amount of bill Rs. 6,000, discounting charges Rs. 120. Discount borne by Sachin will be:

Rs. 90

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Rs.120

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Rs. 100

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None of the above

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Solution

The correct option is A
Rs. 90

Discount borne by Sachin will be
Rs. $120 * \frac{3}{4}$ = Rs. 90.

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Lara draws an accommodation bill on Sachin. The proceeds are to be borne between Sachin and Lara in the ratio of 3:1. The amount of bill Rs. 6,000, discounting charges Rs. 120. Discount borne by Sachin will be:

The correct option is A Rs. 90 Discount borne by Sachin will be Rs. 120∗34 = Rs. 90.

The correct option is A
Rs. 90

Discount borne by Sachin will be
Rs. $120 * \frac{3}{4}$ = Rs. 90.