the true discount on a certain sum due 6 months hence at 15% is rs. 240. what

Question

the true discount on a certain sum due 6 months hence at 15% is rs. 240. what is the banker's discount on the same sum for the same time at the same rate?

Options:

A . None of these

B . Rs. 278

C . Rs. 228

D . Rs. 258

Answer: Option D
Explanation :

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