Question
Ajay draws a bill on Vinay for ₹ 60,000. Vinay accepts
it. Ajay endorses it to Chintu in settlement of ₹ 70,000 at 2% discount and the balance in cash. The bill is dishonoured on due date. Calculate the amount by which Ajay is to be debited in the books of Chintu.Solution
Ajay endorsed the bill to chintu: 70,000-2% = 68600 Ajay gave bill worth Rs. 60,000 and rest 8,600 is settled in cash. The bill is dishonoured on due date, so Ajay is to be debited in the books of Chintu by Rs. 60,000.
One who knows everything
A strongbox or small chest for holding valuables.
Select the correct Antonym of the given word.
adversary
Swindle
Find the word with the appropriate similar meaning of the word in Italic from the options given:
His jovial demeanor brightened up the room.
Select the most appropriate synonym of the given word.
Affliction
Select the most appropriate ANTONYM of the given word.
Native
Choose the word that means the same as the given word.
Obligation
One who always looks at the brighter side
Select the most appropriate meaning of the given idiom
Once in a blue moon
Relevant for Exams:
