The bankers gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true

Question

The bankers gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:

Options:

A . Rs. 72

B . Rs. 36

C . Rs. 54

D . Rs. 50

Answer: Option D

T.D. = \(\frac{B.G.\times100}{R\times T} = Rs. \left(\frac{6\times100}{12\times1}\right) = Rs. 50.\)

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