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The banker's discount on a bill due 6 months hence at 6% is Rs. 18.54. What is the true discount?

Correct Answer: Rs. 18

Explanation:

T= 6 months = 1/2 year
R = 6%
T D =   B D × 100 100 + T R = 18 . 54 × 100 100 + 1 2 × 6 = R s . 18
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