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20 Mr. All has a bill of exchange accepted by Mr. Ahmed payable to him for OMR 8,000 and the term of the bill being

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20 Mr. All has a bill of exchange accepted by Mr. Ahmed payable to him for OMR 8,000 and the term of the bill being 4 months. Mr. Ali on receipt of bill of exchange approaches his banker and get the proceeds at a discounted value. If banker discounted at 15% per som How much OMR the bank will receive from this bill 1

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