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Computer Science
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Banker's Discount
The present worth of a sum due some times hence is Rs. 576 and the banker's gain is Re. 1. The true discount is?
Rs. 16
Rs. 18
Rs. 24
Rs. 32
Show Answer
Correct Answer:
Rs. 24
Explanation:
T.D. √
(P.W. x B.G. )
= √
(576 x 1)
= Rs. 24
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