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Choose the correct alternative: The present worth of ₹ 11,660 due 9 months hence is ₹ 11,000. The True discount is ______

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Question

Choose the correct alternative:

The present worth of ₹ 11,660 due 9 months hence is ₹ 11,000. The True discount is ______

Options

  • ₹ 660

  • ₹ 750

  • ₹ 400

  • ₹ 5,940

MCQ
Fill in the Blanks
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Solution

₹ 660

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Commission and Brokerage Agent
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Chapter 2.1: Commission, Brokerage and Discount - Q.1

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