The banker's discount on a bill due 6 months hence at 6% is rs. 18.54. What is the true discount?
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Step-by-step explanation:
T= 6 months = 1/2 year
R = 6%
TD = BD × 100 / 100 + TR
=18.54 ×100 / 100 + (1 × 6 / 2 )
=Rs.18
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