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Verbal Reasoning
Computer Science
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Banker's Discount
The banker's gain on a bill due 2 years hence at 5% is Rs. 8, find the present worth of the bill?
Rs. 800
Rs. 650
Rs. 750
Rs. 850
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Correct Answer:
Rs. 800
Explanation:
P.W. = [8 x 100 x 100] / [10 x 10]
= Rs. 800
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