The bankers discount of a certain sum of money is Rs. 144 and the true discount on the same sum for the same time is Rs. 120. The sum due is:
Choose one
A) 715 B) 716 C) 718 D) 720 E) 722
Sum = (B.720*T.720)/(B.720-T.720)   (144*120)/144-120;   720   ANSWER: 720
<result>D</result>
The bankers discount of a certain sum of money is Rs. 144 and the true discount on the same sum for the same time is Rs. 120. The sum due is: