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     EduGorilla 
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    A bill of Rs. 6,500 was dishonoured on 5th May. The drawee requested to accept Rs. 1,500 in cash and for the balance, he accepted a bill for 2 months along with interest @ 18% p.a. What should be the amount of new bill?

    Options :-

    1. Rs. 5,000
    2. Rs. 5,900
    3. Rs. 5,150
    4. Rs. 5,225
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Reply To: A bill of Rs. 6,500 was dishonoured on 5th May. The drawee requested to accept Rs. 1,500 in cash and….
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