the present worth of a bill due sometime hence is rs. 1100 and true discount o

Question

the present worth of a bill due sometime hence is rs. 1100 and true discount on the bill is rs. 110 . find the banker's discount and the banker's gain

Options:

A . Rs. 115

B . Rs. 118

C . Rs. 121

D . Rs. 125

Answer: Option C
Explanation :

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