The banker's gain on a bill due due 1 year hence at 12% per annum is Rs.7.8.
The banker's gain on a bill due due 1 year hence at 12% per annum is Rs.7.8. The true discount is
Answer/Solution
Rs.65
Steps/Work
Solution
T.D = [B.G x 100 / R x T]
= Rs.(7.8 x 100 / 12 x 1)
= Rs.65.
Answer B
T.D = [B.G x 100 / R x T]
= Rs.(7.8 x 100 / 12 x 1)
= Rs.65.
Answer B