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If the Banker's Discount on a sum of $4000 for 1 year at 5% is $200, what is the

Practice Questions

Q1
If the Banker's Discount on a sum of $4000 for 1 year at 5% is $200, what is the total amount to be paid?
  1. $4200
  2. $4000
  3. $3800
  4. $4500

Questions & Step-by-Step Solutions

If the Banker's Discount on a sum of $4000 for 1 year at 5% is $200, what is the total amount to be paid?
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