The present worth of a sum due sometime hence is Rs.576 and the banker’s gain is Rs.16.The true discount is
Choose the most appropriate option
A) Rs.36
B) Rs.72
C) Rs.48
D) Rs.96
E) None
Solution   T.D	= √P.W xB.G   = √576 x 16   = 96.   Answer Rs.96
<result>D</result>
The present worth of a sum due sometime hence is Rs.576 and the banker’s gain is Rs.16.The true discount is