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The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:
A. Rs. 72
B. Rs. 36
C. Rs. 54
D. Rs. 50
Read Solution (Total 2)
-
- (6/12)*100=Rs.50
Answer is; Option is D - 13 years agoHelpfull: Yes(3) No(1)
- true discount= banker gain*100/rate*time
t.d = 6*100/1*12
t.d = 50 - 7 years agoHelpfull: Yes(2) No(0)
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