The present worth of a bill due sometime hence is Rs. 1100 and the true discount on the bill is Rs.110.Find the banker's discount and the banker’s gain?
Choose the correct choice from the following:	A) Rs.111	B) Rs.120	C) Rs.121	D) Rs.125	E) None
Solution   T.D	=	√P.W x B.G   B.G	= (T.D)² / P.W   = Rs(110x110/1100)   = Rs.11.   B.D	= (T.D + B.G)   = Rs(110+11)   = Rs.121.   Answer Rs.121
<result>C</result>
The present worth of a bill due sometime hence is Rs. 1100 and the true discount on the bill is Rs.110.Find the banker's discount and the banker’s gain?