The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is
Answers
Answered by
0
The answer is Rs. 50
Solution:-
True discount = (B.G. x 100)/ R x T
= Rs. ( 6 x 100) /12 x 1
= Rs. 50.
Solution:-
True discount = (B.G. x 100)/ R x T
= Rs. ( 6 x 100) /12 x 1
= Rs. 50.
Similar questions