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A bill of ₹ 2,00,000 drawn on 7th January, 2019, due for payment on 10th April, 2019 is discounted with bank on 10th February, 2019 at 12% p.a. The

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A bill of ₹ 2,00,000 drawn on 7th January, 2019, due for payment on 10th April, 2019 is discounted with bank on 10th February, 2019 at 12% p.a. The amount of discounting charge is
A. ₹4,800
B. ₹ 4,000
C. ₹ 48,000
D. ₹ 8,000
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Correct Answer - B
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