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The banker's discount on a bill due 8 months hence at 11% is Rs 4700. What is the true discount?
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The banker's discount on a bill due 8 months hence at 11% is Rs 4700. What is the true discount?
mathematical
discount
posted
Jun 22, 2018
by
Pardeep Kohli
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1 Answer
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TD=4700*100/(100+11*8/12)=
4378.90 Rs
answer
Sep 14, 2018
by
Hanifa Mammadov
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