Bankers Discount - General Aptitude

Q1:

The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is:

A Rs. 36

B Rs. 72

C Rs. 48

D Rs. 96

ANS:A - Rs. 36

T.D. = P.W. x B.G. = 576 x 16 = 96.