The certain worth of a certain sum due sometime hence is Rs. 1600 and the true d

Question

The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The banker's gain is:

Options:

A . Rs. 20

B . Rs. 24

C . Rs. 16

D . Rs. 12

Answer: Option C
Answer: (c).Rs. 16

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