The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is: Options: A . &nbspRs. 400 B . &nbspRs. 360 C . &nbspRs. 480 D . &nbspRs. 320

The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true d

Question

The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:

Options:

A . Rs. 400

B . Rs. 360

C . Rs. 480

D . Rs. 320

Answer: Option A

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Question 1. The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:....

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