state gov Kerala (കേരളം) PSC Divisional Accountant Test Series 2025 Accountancy Bank Reconciliation statement
Mr. A draws a 6-month trade bill on B for Rs. 25,000 on 1 January 2021. After holding the bill for 2 months. A decided to discount the bill with the bank at the rate of 10% p.a. The amount of discount on the bill is ______________ approximately (select the answer with the closest value).
1
Rs. 833
2
Rs. 938
3
Rs. 450
4
Rs. 1,250