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Ram Sharma • 193.88K Points
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Q. Suppose an investor purchases a 91 days Treasury bill with a face value of ₹2,00,000 for ₹1,92,000. By holding the bill until the maturity date, the investor receives ₹2,00,000. What is the amount of interest received by him?

  • (A) ₹8,000
  • (B) ₹80,000
  • (C) ₹3,92,000
  • (D) ₹2,00,000
Correct Answer - Option (A)
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