A genuine discount on Rs. 1680 for the same duration and at the same rate is the same as a banker's discount on Rs. 1600 at 15% per year. The current time is:
A. 3 months
B. 4 months
C. 6 months
D. 8 months
Answer:D
A genuine discount on Rs. 1680 for the same duration and at the same rate is the same as a banker's discount on Rs. 1600 at 15% per year. The current time is:
A. 3 months B. 4 months C. 6 months D. 8 months