21. 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: Option B
Explanation:
B.G. =
|
(T.D.)2
|
= Rs.
|
|
36 x 36
|
|
= Rs. 1.62
|
P.W.
|
800
|
B.D. = (T.D. + B.G.) = Rs. (36 + 1.62) = Rs. 37.62
