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What is the effective amount received if a bill of Rs. 20000 is discounted at 10

Practice Questions

Q1
What is the effective amount received if a bill of Rs. 20000 is discounted at 10% for 3 months?
  1. Rs. 19500
  2. Rs. 19800
  3. Rs. 19750
  4. Rs. 19600

Questions & Step-by-Step Solutions

What is the effective amount received if a bill of Rs. 20000 is discounted at 10% for 3 months?
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