The bankers gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:
Rs. 72
Rs. 36
Rs. 54
Rs. 50
Explanation:
| T.D. =$ \dfrac{B.G. \times 100}{R \times T} $= Rs.$ \left(\dfrac{6 \times 100}{12 \times 1} \right) $= Rs. 50. |