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The present worth of a certain bill due sometime hence is Rs. 800 and the true discount is Rs. 36. The banker’s discount is :

  • A.Rs. 37
  • B.Rs. 37.62
  • C.Rs. 34.38
  • D.Rs. 38.98

Answer: B

B.G. = (T.D.)⊃2; / P.W. = Rs.(36*36)/800 = Rs. 1.62
BD = (TD + BG) = Rs. (36+1.62) = Rs. 37.62

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