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The gain on abill due 1 year hence at 12% per annum is Rs.6. The true discount is?

A. 72

B. 36

C. 54

D. 50

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Correct Answer : D.

T . D = \frac{B . G \times 100}{R \times T} = R s . \frac{6 \times 100}{12 \times 1} = R s . 50

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