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Banker's Discount
The present worth of a certain sum due sometime hence is Rs. 3400 and the true discount is Rs. 340. The banker's gain is:
Rs. 21
Rs. 17
Rs. 18
Rs. 34
Correct Answer:
Rs. 34
Explanation:
B
G
=
T
D
2
P
W
=
(
340
)
2
3400
=
R
s
.
34
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