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Computer Science
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Banker's Discount
The present worth of a certain bill due sometime hence is Rs. 800 and the true discount is Rs. 36. The banker's discount is:
Rs. 37
Rs. 37.62
Rs. 34.38
Rs. 38.98
Show Answer
Correct Answer:
Rs. 37.62
Explanation:
B.G. =
(T.D.)
2
= Rs.
❨
36 x 36
❩
= Rs. 1.62
P.W.
800
∴ B.D. = (T.D. + B.G.) = Rs. (36 + 1.62) = Rs. 37.62
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