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The bankers gain of a certain sum due 2 years hence at 10% per annum is Rs 24 .The percent worth is

400
800
500
600

Correct Answer: 600

Explanation:

T.D = (B.G * 100) / (Rate * Time)

(24*100) / (10 * 2)

= 120.

P.W = (100 *T.D) / (Rate * Time)

= (100 * 120) /(10 * 2)

= 600

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