the present worth of a certain sum due sometimes hence is rs. 1600 and the tru

Question

the present worth of a certain sum due sometimes hence is rs. 1600 and the true discount is rs. 160 . the banker's gain is :

Options:

A . Rs. 20

B . Rs. 24

C . Rs. 16

D . Rs. 12

Answer: Option C
Explanation :

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Question 1. the present worth of a certain sum due sometimes hence is rs. 1600 and the true discount is rs. 160 . the banker's gai....discount is rs. 160 . the banker's gain is :

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