1.

A bill for 10200 is drawn on July 14 at 5 months. It is discounted on 5th October at 10%. Find the banker's discount, true discount. banker's gain and the money that the holder of the bill receives ?

A. 204 , 200, 4 and 9996
B. 100 , 200, 2 and 4989
C. 121 , 172, 132 and 4046
D. None of these
Answer» B. 100 , 200, 2 and 4989


Discussion

No Comment Found