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Bankers Discount

Q1: The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:

A Rs. 60

B Rs. 108

C Rs. 110

D Rs. 112

ANS:B - Rs. 108

P.W. = Rs. (540 - 90) = Rs. 450. S.I. on Rs. 450 = Rs. 90.

S.I. on Rs. 540 = Rs. 90 x 540 = Rs. 108.
450
B.D. = Rs. 108.



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