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14
M: +2.00/-0.50
Sunil owed Rohit ₹80,000. Rohit  draws a bill on Sunil for that amount for 3 months on 1 April 2015.
Sunil accepts it and returns it to Rohit . On 15 April 2015, Rohit discounts it with HDFC Bank at a discount
of 12%p.a. What is the amount of discount?
[SSC CGL 26 Oct 2023 AAO]
A
B
C
D

EXPLANATION

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