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A drew a bill on B for Rs. 50,000 for 3 months. Proceeds are to be shared equally. A got the bill discounted at 12% p.a. and remits required proceeds to B. The amount of such remittance will be _________a)Rs. 24,250b)Rs. 25,000c)Rs. 16,167d)Rs. 32,333Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A drew a bill on B for Rs. 50,000 for 3 months. Proceeds are to be shared equally. A got the bill discounted at 12% p.a. and remits required proceeds to B. The amount of such remittance will be _________a)Rs. 24,250b)Rs. 25,000c)Rs. 16,167d)Rs. 32,333Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A drew a bill on B for Rs. 50,000 for 3 months. Proceeds are to be shared equally. A got the bill discounted at 12% p.a. and remits required proceeds to B. The amount of such remittance will be _________a)Rs. 24,250b)Rs. 25,000c)Rs. 16,167d)Rs. 32,333Correct answer is option 'A'. Can you explain this answer?.

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Here you can find the meaning of A drew a bill on B for Rs. 50,000 for 3 months. Proceeds are to be shared equally. A got the bill discounted at 12% p.a. and remits required proceeds to B. The amount of such remittance will be _________a)Rs. 24,250b)Rs. 25,000c)Rs. 16,167d)Rs. 32,333Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A drew a bill on B for Rs. 50,000 for 3 months. Proceeds are to be shared equally. A got the bill discounted at 12% p.a. and remits required proceeds to B. The amount of such remittance will be _________a)Rs. 24,250b)Rs. 25,000c)Rs. 16,167d)Rs. 32,333Correct answer is option 'A'. Can you explain this answer?, a detailed solution for A drew a bill on B for Rs. 50,000 for 3 months. Proceeds are to be shared equally. A got the bill discounted at 12% p.a. and remits required proceeds to B. The amount of such remittance will be _________a)Rs. 24,250b)Rs. 25,000c)Rs. 16,167d)Rs. 32,333Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of A drew a bill on B for Rs. 50,000 for 3 months. Proceeds are to be shared equally. A got the bill discounted at 12% p.a. and remits required proceeds to B. The amount of such remittance will be _________a)Rs. 24,250b)Rs. 25,000c)Rs. 16,167d)Rs. 32,333Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A drew a bill on B for Rs. 50,000 for 3 months. Proceeds are to be shared equally. A got the bill discounted at 12% p.a. and remits required proceeds to B. The amount of such remittance will be _________a)Rs. 24,250b)Rs. 25,000c)Rs. 16,167d)Rs. 32,333Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.