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If the Banker's Discount on a sum of $10000 for 1 year at 10% is $1000, what is
Practice Questions
Q1
If the Banker's Discount on a sum of $10000 for 1 year at 10% is $1000, what is the maturity amount?
$11000
$12000
$10000
$9000
Questions & Step-by-Step Solutions
If the Banker's Discount on a sum of $10000 for 1 year at 10% is $1000, what is the maturity amount?
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