The banker's discount on a bill due 4 months hence at 15% is Rs.420. The true discount is?

The banker's discount on a bill due 4 months hence at 15% is Rs.420. T

1.	The banker's discount on a bill due 4 months hence at 15% is Rs.420. The true discount is?
A.	400
B.	360
C.	480
D.	320
Answer» B. 360

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The banker's discount on a bill due 4 months hence at 15% is Rs.420. The true discount is?

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