The bankers discount and the true discount of a sum at 10% per annum simple inte

by

Loading

✪ Choose the correct option.

The bankers discount and the true discount of a sum at 10% per annum simple interest for the same time are Rs.100 and Rs.80 respectively. What is the sum and the time?

A. Sum = Rs.400 and Time = 5 years
B. Sum = Rs.200 and Time = 2.5 years
C. Sum = Rs.400 and Time = 2.5 years
D. Sum = Rs.200 and Time = 5 years

Leave a Comment