The Banker's discount on a bill due 6 months hence at 16% per annum is 216. The true discount is:

The Banker's discount on a bill due 6 months hence at 16% per annum is

1.	The Banker's discount on a bill due 6 months hence at 16% per annum is 216. The true discount is:
A.	210
B.	200
C.	212
D.	180
Answer» C. 212

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The Banker's discount on a bill due 6 months hence at 16% per annum is 216. The true discount is:

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