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Mr. Mohammed accepted a bill of exchange for OMR 5,000 and the term of the bill being 3 months. He discounted the bill with the

Mr. Mohammed accepted a bill of exchange for OMR 5,000 and the term of the bill being 3 months. He discounted the bill with the bank immediately. The bank charged 10% p.a. as bank discount. Calculate the Bank discount.

a.

OMR 130

b.

OMR 500

c.

OMR 125

d.

OMR 4,875

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