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The face value of a bill due 3 yr hence ...

The face value of a bill due 3 yr hence is ? 13800. If the rate of simple interest is 5% per annum, what will be the banker's gain at the bill?

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ARIHANT SSC-TRUE DISCOUNT AND BANKER'S DISCOUNT-FAST TRACK PRACTICE
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  14. The true discount at a bill of X 7440 due 16 months, hence is X 240. F...

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  15. The true discount on a bill 24 months, hence at 24% per annum, is X 14...

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