(Multiple choice.....choose the correct answer ....without explanation)

Assume that the company borrows OMR 20000 cash on December 16, 2016. The note matures on February 14, 2019, and the companys financial year ends on December 31. Based on the given information calculate the amount of interest for the month of December by assuming 360 days in a year and interest rate 12% per annum.

Select

one:

A.

OMR 2400

B.

OMR 100

C.

OMR 197

D.

OMR 900

(Multiple choice.....choose the correct answer ....without explanation)

Mr Omar purchased 100 mobiles at the cost of OMR 3000 in UAE. While transferring the mobile, in boarder the authorities of UAE charged 10% tax. Because of increase in expenses, indirectly the quantity of mobiles reduced to ____________ .

Select one:

A.

95 Mobiles

B.

90 Mobiles

C.

80 mobiles

D.

None of the given options