Banker's Discount Practice Test 1

Question : 39 of 40

Marks: +1, -0

Find the banker’s discount if PW of a bill due 4 months hence is Rs 162 and the true discount on the bill is Rs 54.

Solution:

BG=(TD)^2/{PW}={54×54}/162=18

BD = TD + BG = 54 + 18 = Rs 72

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