If the true discount on a certain sum due 6 months hence at 15% is Rs.120. What is the banker's discount on the same sum for the same time and at the same rate?  Options:
A) Rs. 119 B) Rs. 129 C) Rs. 131 D) Rs. 139 E) None
Solution   Sum Given, T.D =60, B.D = 72   = (B.D x T.D / B. D - T.D)   = Rs.(72x60/72-60)   = Rs.(72 x 60 / 12)   = Rs.(4320/ 12)   = Rs. 360.   Rs. 119nswer Rs. 119
<result>A</result>
If the true discount on a certain sum due 6 months hence at 15% is Rs.120. What is the banker's discount on the same sum for the same time and at the same rate?