Correct Answer: Option B
S.I. on Tk. (260-20) for a given time = Tk. 20
S.I. on Tk. 240 for half the time = Tk. 10.
TRUE DISCOUNT on Tk. 250 = Tk. 10
So, TRUE DISCOUNT. on Tk. 260 = Tk. (10/250)×260= Tk. 10.40
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