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The present worth of a certain bill due sometime hence is Rs. 1296 and the true discount is Rs. 72. What is the banker's discount?

A. Rs. 76

B. Rs. 72

C. Rs. 74

D. Rs. 4

Answer: Option A

Solution(By Examveda Team)

$$\eqalign{ & BG = \frac{{{{(TD)}^2}}}{{PW}} \cr & \,\,\,\,\,\,\,\,\,\,\,\, = \frac{{{{72}^2}}}{{1296}} \cr & \,\,\,\,\,\,\,\,\,\,\,\, = \frac{{72 \times 72}}{{1296}} \cr & \,\,\,\,\,\,\,\,\,\,\,\, = \frac{{12 \times 12}}{{36}} \cr & \,\,\,\,\,\,\,\,\,\,\,\, = \frac{{12}}{3} \cr & \,\,\,\,\,\,\,\,\,\,\,\, = {\text{ Rs}}{\text{. }}4 \cr & BG = BD - TD \cr & \Rightarrow 4 = BD - 72 \cr & \Rightarrow BD = 72 + 4 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = {\text{Rs}}{\text{.}}\,76 \cr} $$

This Question Belongs to Arithmetic Ability >> Bankers Discount

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