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Aptitude · Q14

Bankers Discount

Competitive Exams · Aptitude · question 14

Q14

If the true discount on a certain sum due 6 months hence at 15% is Rs. 120, what is the banker's discount on the same sum for the same time and at the same rate?

A.
50
B.
129
Answer
C.
100
D.
150

Answer: Option B

Solution

Answer: Option B
Solution: