28. The Present worth of a bill due something hence is Rs 1110 and the
true discount on the bill is Rs.110 . Find the bankes discount & the
bankers gain.
A.121 B.151
C.121 D.161
Answer:
T.D = sqrt (P.W * B.G)
B.G = (T.D)^2 /P.W
= (110 * 110) / 1110
= 11
B.D = (T.D + B.G)
= (110 + 11)
= Rs 121