Banker's Discount Practice Test 1

Question : 14 of 40

Marks: +1, -0

The present worth of a sum due sometime hence is Rs. 576 and banker's gain is Rs. 16. Find the true discount.

Solution:

T.D. =

√{P. W. × B.G.}

√ { 576× 16 }

= Rs. 96

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