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Banker's Discount
The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:
Rs. 60
Rs. 108
Rs. 110
Rs. 112
Show Answer
Correct Answer:
Rs. 108
Explanation:
P.W. = Rs. (540 - 90) = Rs. 450.
∴ S.I. on Rs. 450 = Rs. 90.
S.I. on Rs. 540 = Rs.
❨
90
x 540
❩
= Rs. 108.
450
∴ B.D. = Rs. 108.
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