A draws a bill on B for ₹4500 for mutual accommodation in the ratio 2:1.A got it discounted at ₹4230 and remitted 1/3rd of the proceeds to B.At the time of maturity,how much amount A should remit to B such that B can pay off the bill?
Ans for this problem is 3000
Can anyone plz explain me this problem ?
Karia Overseas
Ahmedabad
CA
View Details
SSGS and Associates
Chennai
CA Inter
View Details
CMNITY HIRE
New Delhi
Others
View Details
CAclubindia
