The true discount on a bill a due 8 months hence at 12% per annum is R – McqOptions

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1.	The true discount on a bill a due 8 months hence at 12% per annum is Rs. 240. Find the amount of the bill and its present worth ?
A.	Rs. 3000, Rs . 3240
B.	Rs. 2000, Rs . 2240
C.	Rs. 2100, Rs . 2340
D.	None of these
Answer» B. Rs. 2000, Rs . 2240

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