17.
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The banker’s discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:
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A.
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Rs. 400
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B.
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Rs. 360
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C.
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Rs. 480
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D.
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Rs. 320
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Answer: Option A
Explanation:
T.D.
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=
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B.D. x 100
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100 + (R x T)
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|
|
|
|
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= Rs. 400.
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Title : Bankers Discount Q17
Description : 17. The banker’s discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is: A. Rs. 400 B. Rs. 360 C....
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