A bill for Rs. 6000 is drawn on July 14 at 5 months. It is discounted – McqOptions

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1.	A bill for Rs. 6000 is drawn on July 14 at 5 months. It is discounted on 5th October at 10%. Find the banker's discount, true discount, banker's gain and the money that the holder of the bill receives.
A.	4390
B.	6580
C.	5880
D.	5350
Answer» D. 5350

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