A bill falls due in 1 year.The creditor agrees to accept immediate payment of the half and to defer the payment of the other half for 2 years.By this arrangement ins Rs.40.what is the amount of the bill,if he money be worth 12.5%?

by

A) 1200

B) 3000

C) 3600

D) 1300

View Answer
Option – C.

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