The present worth of a certain bill due sometime hence is Rs.800 and the true discount is Rs.36.The banker’s discount is
Choose the correct choice from the following choices
A) Rs.34.38
B) Rs.38.98
C) Rs.37
D) Rs.37.62
E) None
Solution   B.G	= [(T.D)² / P. W]   = Rs. (36 x 36 / 800)   = Rs.1.62   B.D   Given, T.D =36	= (T.D + B.G)   = Rs. (36 + 1.62)   = Rs.37.62.   Answer Rs.37.62
<result>D</result>
The present worth of a certain bill due sometime hence is Rs.800 and the true discount is Rs.36.The banker’s discount is