The banker's gain on a bill due 3 year hence at 6% per annum is Rs. 18. The true discount is:

The banker's gain on a bill due 3 year hence at 6% per annum is Rs. 18

1.	The banker's gain on a bill due 3 year hence at 6% per annum is Rs. 18. The true discount is:
A.	Rs.100
B.	Rs.75
C.	Rs.50
D.	Rs.33.33
Answer» B. Rs.75

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The banker's gain on a bill due 3 year hence at 6% per annum is Rs. 18. The true discount is:

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