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The holder of a bill for ₹17850 nominally due on May 21, 1991 received ₹357 less than the amount of the bill by having it discounted at 5 %. When was it discounted?

Dec 29, 1990
Dec 30, 1989
Dec 19, 1990
Dec 20, 1995

Correct Answer: Dec 29, 1990

Explanation:

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