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True Discount
1)
If the true discount on a sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:
A)
Rs. 768
B)
Rs. 968
C)
Rs. 1960
D)
Rs. 2400
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More Question
A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest 12 per annum, how much cash should he pay
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