The banker’s gain on a bill due 2 years hence at 10% per annum is Rs.10. What – OfficerPath

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

Subject: MathematicsTopic: Bankers Discount

A

Rs. 20

B

Rs. 30

C

Rs. 40

D

Rs. 50

Correct Answer: D

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