Question
The banker's gain on a bill due 1 year hence at 10% per annum is Rs. 20. What is the true discount?
Answer: Option A
$$\eqalign{
& TD = \frac{{BG \times 100}}{{TR}} \cr
& \,\,\,\,\,\,\,\,\,\,\, = \frac{{20 \times 100}}{{10}} \cr
& \,\,\,\,\,\,\,\,\,\,\, = {\text{Rs}}{\text{.}}\,200 \cr} $$
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$$\eqalign{
& TD = \frac{{BG \times 100}}{{TR}} \cr
& \,\,\,\,\,\,\,\,\,\,\, = \frac{{20 \times 100}}{{10}} \cr
& \,\,\,\,\,\,\,\,\,\,\, = {\text{Rs}}{\text{.}}\,200 \cr} $$
Was this answer helpful ?
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