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The banker's discount on Rs. 1650 due a certain time hence is Rs. 165. Find the true discount and the banker's gain.

Correct Answer: 15

Explanation:

   Sum = [(B.D.xT.D.)/ (B.D.-T.D.)]


              = [(B.D.xT.D.)/B.G.]


T.D./B.G.  = Sum/ B.D.


   =1650/165


               =10


Thus, if B.G. is Re 1, T.D. = Rs. 10.


If B.D.is Rs. ll, T.D.=Rs. 10.


If B.D. is Rs. 165, T.D. = Rs. [(10/11)xl65]


            =Rs.150


 And, B.G. = Rs. (165 - 150) = Rs, 15.


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