Difficulty: Easy
Correct Answer: ₹ 72
Explanation:
Introduction / Context:
Banker’s Gain (BG) links to True Discount (TD) and r t via BG = TD * r t = PW * (r t)^2. Given PW and BG, we can find r t and then compute TD = PW * r t.
Given Data / Assumptions:
Concept / Approach:
Use:
Step-by-Step Solution:
Verification / Alternative check:
Since TD = PW * x = 72, BG should be TD * x = 72 * (1/8) = 9 (matches).
Why Other Options Are Wrong:
Other numbers do not satisfy the squared relation between BG, PW and x = r t.
Common Pitfalls:
Taking x as 9/576 instead of its square root, or mixing BD with BG/TD relations.
Final Answer:
₹ 72
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