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Quantitative Aptitude :: True Discount - Discussion

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Choose the correct option.

A bill falls due in 1 year.The creditor agrees to accept immediate payment of the half and to defer the payment of the other half for 2 years.By this arrangement ins Rs.40.what is the amount of the bill,if he money be worth 12\(\frac{1}{2}\)%?

A1200

B3000

C3600

D1300

Answer: Option (Login/Signup)

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