1.

The Banker's Gain On A Bill Due 2 Year Hence At 10% Per Annum Is Rs. 8. The True Discount Is?

Answer»

True Discount = (B.G*100)/(RATE*Time) 

T.D = (8*100)/(10*2)

= 8*5 = Rs. 40.

True Discount = (B.G*100)/(Rate*Time) 

T.D = (8*100)/(10*2)

= 8*5 = Rs. 40.


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