The true discount on a bill of Rs. 540 is Rs. 90. The Banker’s discount is	Select the correct option.
A) Rs. 60 B) Rs. 108 C) Rs. 110 D) Rs. 112 E) None of these
Answer B   Solution   P.W. = Rs. (540-90) = Rs. 450.   ∴ S.I on Rs. 450 = Rs. 90   S.I on Rs. 540 = Rs. (90/450x540 ) = Rs. 108.   ∴ B.D. = Rs. 108 Answer Rs. 108
<result>B</result>
The true discount on a bill of Rs. 540 is Rs. 90. The Banker’s discount is