A bill for Rs. 3000 is drawn on 14th July at 5 months. It is discounted on 5th O

Question

A bill for Rs. 3000 is drawn on 14th July at 5 months. It is discounted on 5th October at 10%. What is the Banker's Discount?

Options:

A . Rs. 60

B . Rs. 82

C . Rs. 90

D . Rs. 120

Answer: Option A

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