What is the banker’s discount on a bill of Rs 1650 due 4 years hence at 8% p.a.? Options: A . &nbspRs 524 B . &nbspRs 528 C . &nbspRs 532 D . &nbspRs 536

What is the banker’s discount on a bill of Rs 1650 due 4 years hence at

Question

What is the banker’s discount on a bill of Rs 1650 due 4 years hence at 8% p.a.?

Options:

A . Rs 524

B . Rs 528

C . Rs 532

D . Rs 536

Answer: Option B

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