the banker's gain of a certain sum due 2 years hence at 10% per annum is rs. 2

Question

the banker's gain of a certain sum due 2 years hence at 10% per annum is rs. 24. the present worth is:

Options:

A . Rs. 200

B . Rs. 400

C . Rs. 600

D . Rs. 800

Answer: Option C
Explanation :

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Question 1. the banker's gain on a bill due 1 year hence at 12% per annum is rs. 6. the true discount is:....

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