31. If the true discount on a certain sum due 6 months hence at 15% is Rs 120.What is the bankers discount on the same for Same time and the same rate.
A.130 B.129
C.150 D.120
Answer:
B.G = S.I on T.D
= RS (120 * 15 * ½ * 1/100)
= 9
(B.D) รข€“ (T.D) = 9
B.D = 120 + 9 =129
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