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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 banker's gain is:

Rs. 20
Rs. 24
Rs. 16
Rs. 12

Correct Answer: Rs. 16

Explanation:

B.G. =	(T.D.)²	= Rs.	❨	160 x 160	❩	= Rs. 16.
	P.W.			1600

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