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Quantitative Aptitude :: True Discount - Discussion

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Choose the correct option.

A has to pay Rs. 220 to B after 1 year. B asks A to pay Rs. 110 in cash and defer the payment of Rs. 110 for 2 years. A agrees to it. If the rate of interest be 10% per annum, in this mode of payment :

AThere is no gain or loss to any one

BA gains Rs. 7.34

CA loses Rs. 7.34

DA gains Rs. 11

Answer: Option (Login/Signup)

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