Aptitude - Bankers Discount - Discussion

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Q.

The present worth of a bill due sometime hence is Rs. 1100 and the true discount on the bill is Rs.110.Find the banker's discount and the banker’s gain?  .                          
A. Rs. 111 B. Rs. 120
C. Rs. 121 D. Rs. 125

Answer: Option C
Explaination:

 


Discussion

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