The banker’s gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. – OfficerPath

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MCQ Practice

The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:

Subject: MathematicsTopic: Bankers Discount

A

Rs. 480

B

Rs. 520

C

Rs. 600

D

Rs. 960

Correct Answer: C

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