Question
The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The banker's gain is:
Answer: Option C
$$\eqalign{
& B.G. = \frac{{{{\left( {T.D.} \right)}^2}}}{{P.W.}} \cr
& = Rs.\,\left( {\frac{{160 \times 160}}{{1600}}} \right) \cr
& = Rs.\,16 \cr} $$
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$$\eqalign{
& B.G. = \frac{{{{\left( {T.D.} \right)}^2}}}{{P.W.}} \cr
& = Rs.\,\left( {\frac{{160 \times 160}}{{1600}}} \right) \cr
& = Rs.\,16 \cr} $$
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