Answers

2015-05-04T16:20:59+05:30
Answer : Rs 432
Explanation :F = Rs. 2160

TD = Rs. 360

PW = F - TD = 2160 - 360 = Rs. 1800

True Discount is the Simple Interest on the present value for unexpired time

=>Simple Interest on Rs. 1800 for unexpired time = Rs. 360

Banker's Discount is the Simple Interest on the face value of the bill for unexpired time

= Simple Interest on Rs. 2160 for unexpired time
=360/1800×2160=1/5×2160=Rs. 432
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