MCQOPTIONS
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| 1. |
The present worth of a certain due sometime hence is Rs. 1600 and the true discount is Rs. 160. The banker's gain is ? |
| A. | Rs. 10 |
| B. | Rs. 16 |
| C. | Rs. 20 |
| D. | Rs. 24 |
| Answer» C. Rs. 20 | |