The banker's discount on a bill due 6 months hence at 16% per annum is Rs. 216.

Question

The banker's discount on a bill due 6 months hence at 16% per annum is Rs. 216. The true discount is = ?

Options:

A . Rs. 212

B . Rs. 180

C . Rs. 210

D . Rs. 200

Answer: Option D

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