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5 10 The General Insurance policy include Accident annuity, fire...

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Accounting

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The General Insurance policy include Accident annuity, fire Fire, marine, fidelity Consequential loss, term plan, workmen compensation With profit, theft, third Party ABC co discounted a bill amounting to OMR 50,000 with bank lazy with a term of 4 months. The bank charge an interest rate of 15%. Calculate the banker discount OMR 2,500 OMR 2,750 OMR 7,500 OMR 3,750

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