The banker’s gain on a bill due 1 year hence at 10% per annum is Rs. 20. What is – OfficerPath

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The banker's gain on a bill due 1 year hence at 10% per annum is Rs. 20. What is the true discount?

Subject: MathematicsTopic: Bankers Discount

A

Rs. 200

B

Rs. 100

C

Rs. 150

D

Rs. 250

Correct Answer: A

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