If the true discount on a certain sum due 6 months hence at 15% is Rs. – McqOptions

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1.	If the true discount on a certain sum due 6 months hence at 15% is Rs. 120, what is the banker's discount on the same sum for the same time and at the same rate?
A.	50
B.	129
C.	100
D.	160
Answer» C. 100

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If the true discount on a certain sum due 6 months hence at 15% is Rs. 120. what is the banker's discount on the sane sum for the time and at the same rate ?