Sundar Electricals needs 60,000 pieces of aluminum bars to produce switchgears. The price of each bar is Rs.100, cost of placing an order is Rs.1,200 and the carrying cost is 1 percent. The purchase manager has set the economic order quantity based on the EOQ model as 12,000 units. Recently, a supplier has offered discount of 3 percent against an order size of 20,000 units or more. What will be the incremental benefit to the company, if such discount is availed of?