The banker’s discount on a bill due 4 months hence at 15% is Rs. 420. The true d – OfficerPath

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MCQ Practice

The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:

Subject: MathematicsTopic: Bankers Discount

A

Rs. 400

B

Rs. 360

C

Rs. 480

D

Rs. 320

Correct Answer: A

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