Question
The true discount on a bill of Rs. 540 is Rs. 90. The bankers discount is:
Answer: Option B
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P.W. = Rs. (540 - 90) = Rs. 450.
So, S.I. on Rs. 450 = Rs. 90.
S.I. on Rs. 540 = Rs. \(\left(\frac{90}{450\times540}\right) = Rs. 108\)
Therefore B.D. = Rs. 108.
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