The true discount on a bill of Rs. 540 is Rs. 90. The bankers discount is:
Rs. 60
Rs. 108
Rs. 110
Rs. 112
Explanation:
P.W. = Rs. (540 - 90) = Rs. 450.
$\therefore$ S.I. on Rs. 450 = Rs. 90.
S.I. on Rs. 540 = Rs.$ \left(\dfrac{90}{450} \times 540\right) $= Rs. 108. |
$\therefore$ B.D. = Rs. 108.