if the true discount on a certain sum due 6 months hence at 15% is rs. 120, wh

Question

if the true discount on a certain sum due 6 months hence at 15% is rs. 120, what is the banker's discount on the same sum for the same time and at the same rate?

Options:

A . 50

B . 129

C . 100

D . 160

Answer: Option B
Explanation :

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