Discussion Forum : Bankers Discount
Question -
The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is:
Answer: Option D
$$\eqalign{
& T.D. = \sqrt {P.W. \times B.G.} \cr
& \,\,\,\,\,\,\,\,\,\,\,\,\,\, = \sqrt {576 \times 16} \cr
& \,\,\,\,\,\,\,\,\,\,\,\,\,\, = 96 \cr} $$
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$$\eqalign{
& T.D. = \sqrt {P.W. \times B.G.} \cr
& \,\,\,\,\,\,\,\,\,\,\,\,\,\, = \sqrt {576 \times 16} \cr
& \,\,\,\,\,\,\,\,\,\,\,\,\,\, = 96 \cr} $$
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