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What is the present value of a bill of Rs. 10000 due in 1 year at a Banker's Dis

Practice Questions

Q1
What is the present value of a bill of Rs. 10000 due in 1 year at a Banker's Discount of Rs. 800?
  1. Rs. 9200
  2. Rs. 10000
  3. Rs. 8000
  4. Rs. 8400

Questions & Step-by-Step Solutions

What is the present value of a bill of Rs. 10000 due in 1 year at a Banker's Discount of Rs. 800?
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