Multiple choice

A bill of Rs. 10,000 was discounted from the banker at Rs. 9,950. The bill was dishonoured on the due date. The bank debited Rs. 50 as noting charges. How much amount will be debited to drawer`s account in the bank?

  1. Rs. 10,050

  2. Rs. 10,000

  3. Rs. 9,950

  4. Rs. 9,900

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Amount debited will be 10,000 + 50 = Rs.10, 050.