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The present worth of a sum due sometimes hence is Rs. 576 and the banker's gain is Re. 1. The true discount is?

Rs. 16
Rs. 18
Rs. 24
Rs. 32

Correct Answer: Rs. 24

Explanation:

T.D. = √(P.W.) X {(B.G.)
= √(576 x 1) = Rs. 24

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