The amount of rupees 820 falls due in 6 months. The creditor agreed to accept immediate payment of half and deferred the payment of other half for one year. What will be the gain if the money is worth 5% p.a.?
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The creditor agrees to accept immediate payment of the half and to defer the payment of the ... By this arrangement he gains Rs 40. What is the amount of the bill, if the money be worth 12 1,2% ?
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