On 1st January, 2010, Vimal sold goods worth Rs.20,000 to Renu and drew a bill on Renu for 3 months. Renu accepted the bill and returned it to Vimal who discounted the bill with bank on 4th February, 2010 @ 15% per annum. The discounting charges will be:a)Rs. 3,000b)Rs. 750c)Rs. 500d)None of the three.Correct answer is option 'C'. Can you explain this answer?

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On 1^st January, 2010, Vimal sold goods worth Rs.20,000 to Renu and drew a bill on Renu for 3 months. Renu accepted the bill and returned it to Vimal who discounted the bill with bank on 4^th February, 2010 @ 15% per annum. The discounting charges will be:

a)
Rs. 3,000
b)
Rs. 750
c)
Rs. 500
d)
None of the three.

Correct answer is option 'C'. Can you explain this answer?

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On 1st January, 2010, Vimal sold goods worth Rs.20,000 to Renu and drew a bill on Renu for 3 months. Renu accepted the bill and returned it to Vimal who discounted the bill with bank on 4th February, 2010 @ 15% per annum. The discounting charges will be:a)Rs. 3,000b)Rs. 750c)Rs. 500d)None of the three.Correct answer is option 'C'. Can you explain this answer?

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On 1st January, 2010, Vimal sold goods worth Rs.20,000 to Renu and drew a bill on Renu for 3 months. Renu accepted the bill and returned it to Vimal who discounted the bill with bank on 4th February, 2010 @ 15% per annum. The discounting charges will be:a)Rs. 3,000b)Rs. 750c)Rs. 500d)None of the three.Correct answer is option 'C'. Can you explain this answer? for CA CPT 2025 is part of CA CPT preparation. The Question and answers have been prepared according to the CA CPT exam syllabus. Information about On 1st January, 2010, Vimal sold goods worth Rs.20,000 to Renu and drew a bill on Renu for 3 months. Renu accepted the bill and returned it to Vimal who discounted the bill with bank on 4th February, 2010 @ 15% per annum. The discounting charges will be:a)Rs. 3,000b)Rs. 750c)Rs. 500d)None of the three.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA CPT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On 1st January, 2010, Vimal sold goods worth Rs.20,000 to Renu and drew a bill on Renu for 3 months. Renu accepted the bill and returned it to Vimal who discounted the bill with bank on 4th February, 2010 @ 15% per annum. The discounting charges will be:a)Rs. 3,000b)Rs. 750c)Rs. 500d)None of the three.Correct answer is option 'C'. Can you explain this answer?.

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