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If the present value of a bill is Rs. 7200 and the bankers' discount is Rs. 800, what is the face value of the bill?

Practice Questions

1 question
Q1
If the present value of a bill is Rs. 7200 and the bankers' discount is Rs. 800, what is the face value of the bill?
  1. Rs. 8000
  2. Rs. 7200
  3. Rs. 6000
  4. Rs. 5000

Questions & Step-by-step Solutions

1 item
Q
Q: If the present value of a bill is Rs. 7200 and the bankers' discount is Rs. 800, what is the face value of the bill?
Solution: Face Value = Present Value + BD = 7200 + 800 = Rs. 8000.
Steps: 6

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