MCQs > Mathematics > Business Mathematics > The true discount on a bill due 5 months hence at a discount of 10% per annum is $2000. Calculate the amount of the bill.

Business Mathematics MCQs

The true discount on a bill due 5 months hence at a discount of 10% per annum is $2000. Calculate the amount of the bill.

Answer

Correct Answer: $50000

Explanation:

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