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| 1. |
The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is: |
| Answer» 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. | |