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The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:
- ARs. 200
- BRs. 400
- CRs. 600
- DRs. 800
Correct answer: C
Discussion 1
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CCommunity
Rs. 600
T.D. = ((B.G. x 100)/(Rate x Time))
T.D. = ((B.G. x 100)/(Rate x Time))