1. The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is: A. Rs. 400B. Rs. 360C. Rs. 480D. Rs. 320 Answer & Explanation Answer: Option A Explanation: T.D. = B.D. x 100 100 + (R x T) = Rs. 420 x 100 100 + 15 x 1 3 = Rs. 420 x 100 105 = Rs. 400. Workspace Report Errors Kindly mention the details of the error here... [Your Name] [Your Email] View Answer Workspace Report Discuss in Forum
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