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    Question

    A bill of ₹50,000 discounted @12% p.a. for 3 months.

    Bank discount = ?
    A ₹1,500 Correct Answer Incorrect Answer
    B ₹1,250 Correct Answer Incorrect Answer
    C ₹1,000 Correct Answer Incorrect Answer
    D ₹1,750 Correct Answer Incorrect Answer

    Solution

    Discount = 50,000 × 12% × 3/12 = ₹1,500.

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