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

Question

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

Options:

A . Rs. 480

B . Rs. 520

C . Rs. 600

D . Rs. 960

Answer: Option C

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Question 1. 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 time and at the same rate. The time is:

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