Banker's Discount Practice Test 3

Question : 1 of 12

Marks: +1, -0

The present worth and the banker’s gain on the bill is Rs 1,50,000 and Rs 20 respectively. Find the discount of the bill.

Solution:

True discount

=√{PW×BG}=√{150000×20}

=√3000000=1732.05

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