CA CPT June 2018 Question Paper Fundamentals of Accounting for online practice

Question : 23 of 53

Marks: +1, -0

Mr. X draws a 3 months bill for Rs, 40,000 on Mr. Y. This bill is renewed on the due date for another period of 2 months at an interest of 12% p.a. The amount of the new bill will be Rs._______