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Aptitude · Q24

Bankers Discount

Competitive Exams · Aptitude · question 24

Q24

The banker’s gain on a bill due 2 years hence at 10% per annum is Rs.10. What is the true discount?

A.
Rs. 20
B.
Rs. 30
C.
Rs. 40
D.
Rs. 50
Answer

Answer: Option D

Solution

Answer: Option D
Solution: