The present worth of a certain bill due sometime hence is Rs. 1296 and the true discount is Rs. 72. What is the banker's discount?
Answers: A) Rs. 76 B) Rs. 72 C) Rs. 74 D) Rs. 4 E) None of these
Explanation :   BG = (TD)2/PW=722/1296 = 72×72/1296 = 12 × 12/36=12/3= Rs. 4   BG = BD – TD   =&gt; 4 = BD - 72   =&gt; BD = 72 + 4 = Rs. 76 Rs. 76nswer : Option Rs. 76
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The present worth of a certain bill due sometime hence is Rs. 1296 and the true discount is Rs. 72. What is the banker's discount?