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If a bill of Rs. 12000 is discounted at 8% per annum for 5 months, what is the B

Practice Questions

Q1
If a bill of Rs. 12000 is discounted at 8% per annum for 5 months, what is the Banker's Discount?
  1. Rs. 200
  2. Rs. 400
  3. Rs. 300
  4. Rs. 500

Questions & Step-by-Step Solutions

If a bill of Rs. 12000 is discounted at 8% per annum for 5 months, what is the Banker's Discount?
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