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Question
The banker’s gain on a bill due 2 years hence at 10% per annum is Rs.10. What is the true discount?
Options:
A .  Rs. 20
B .  Rs. 30
C .  Rs. 40
D .  Rs. 50
Answer: Option D
$$\eqalign{
& T.D. = \frac{{B.G. \times 100}}{{R \times T}} \cr
& \,\,\,\,\,\,\,\,\,\,\,\,\, = \frac{{10 \times 100}}{{10 \times 2}} \cr
& \,\,\,\,\,\,\,\,\,\,\,\,\, = {\text{Rs}}{\text{.}}\,50 \cr} $$

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