The true discount on a certain sum due 6 months hence at 15% is Rs. 24 – McqOptions

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1.	The true discount on a certain sum due 6 months hence at 15% is Rs. 240. What is the banker's discount on the same sum for the same time at the same rate?
A.	s. 258
B.	s. 278
C.	s. 228
D.	one of these
Answer» B. s. 278

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