Art, asked by dainvincible1, 1 year ago

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 Anonymous

2

The true discount is Rs. 50.

T.D. =B.G. x 100/R × T
= Rs.6 x 100/12 × 1
= Rs. 50.

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