The true discount on a certain sum due 1 yr hence at 30% per annum, is – McqOptions

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1.	The true discount on a certain sum due 1 yr hence at 30% per annum, is 240. What is the banker' discount on the same sum for the same time and at the same rate ?
A.	400
B.	212
C.	312
D.	445
Answer» D. 445

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