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The banker's discount on a bill due 9 months hence at 12% is Rs 3300. What is true discount?

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The banker's discount on a bill due 9 months hence at 12% is Rs 3300. What is true discount?
posted Nov 14, 2018 by Karan Joglekar

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1 Answer

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T.D=3300*100/(100+12*9/12)= Rs 3027.52

answer Nov 21, 2018 by Hanifa Mammadov
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