The present worth of a sum due sometime hence is Rs. 576 and the bankers gain is Rs. 16. The true discount is:
Rs. 36
Rs. 72
Rs. 48
Rs. 96
Explanation:
T.D. = $ \sqrt{P.W. \times B.G.} $ = $ \sqrt{576 \times 16} $ = 96.
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The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The bankers gain is: