the banker's discount on rs. 1600 at 15% per annum is the same as true discoun

Question

the banker's discount on rs. 1600 at 15% per annum is the same as true discount on rs. 1680 for the same time and at the same rate. what is the time?

Options:

A . 3 months

B . 4 months

C . 5 months

D . 6 months

Answer: Option B
Explanation :

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