The present worth (PW) of a sum due sometime hence is ₹5760 and the banker’s gain (BG) is ₹10. Compute the true discount (TD).

Difficulty: Easy

Correct Answer: Rs. 240

Explanation:


Introduction / Context:
Given PW and BG, the true discount can be obtained without knowing the face value or the rate/time individually, by employing identities in x = r * t.



Given Data / Assumptions:

  • PW = ₹5760.
  • BG = ₹10.


Concept / Approach:
Key relations: TD = x * PW and BG = x^2 * PW. Hence x = sqrt(BG / PW), and TD = x * PW = sqrt(BG * PW). This is the fastest computation path here.



Step-by-Step Solution:

x = sqrt(10 / 5760).TD = sqrt(BG * PW) = sqrt(10 * 5760) = sqrt(57600) = ₹240.


Verification / Alternative check:
BG = x * TD = (TD / PW) * TD = TD^2 / PW = 240^2 / 5760 = 57600 / 5760 = ₹10, checks out.



Why Other Options Are Wrong:
₹120, ₹420, and ₹480 do not satisfy TD = sqrt(BG * PW) with the given values.



Common Pitfalls:
Trying to determine rate or time separately; it is unnecessary here.



Final Answer:
Rs. 240

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