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Calculate the rebate on bills discounted for the following bills as on 31.3.2020 Date of bill OMR Period Rate of discount A 15-1-2020 25,000 5

Calculate the rebate on bills discounted for the following bills as on 31.3.2020

	Date of bill	OMR	Period	Rate of discount
A	15-1-2020	25,000	5 months	8%

answer is:

a- OMR 2,000

b-OMR 432.87

c-OMR 430.87

d-OMR 2,430

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