A non-interest-bearing note having face value of Rs 10,000 due after 5 years was discounted at 6% interest rate. Find the net amount of the note that was received after the discount
a. Rs 7,692
b. Rs 7,792
c. Rs 7,892
d. Rs 7,992
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Answer:
(b) 7,792 not conform but I think this is the answer
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