23. The banker’s discount of a certain sum of money is Rs. 72 and the true discount on the same sum for the same time is Rs. 60. The sum due is:
A. 210 B. 280 C. 360 D. 450
Answer: C.
Explanation:
Sum = B.D. * T.D. / B.D. - T.D. = Rs.[72 * 60 / 72 - 60] = Rs. [72 * 60 / 12] = Rs. 360.