Math, asked by tinaz, 7 months ago

How much will a banker give for a bill of Rs.1095 drawn on 9
Dec.2003 for 8 months and discounted on 18'- Feb.2004 at 8% p.a.

Answers

Answered by Gazanfar0726

0

Step-by-step explanation:

The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is: a) Rs. 1386 b) Rs. 1764 c) Rs. 1575

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