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The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The bankers gain is:

Rs. 20
Rs. 24
Rs. 16
Rs. 12
Explanation:
B.G. =$ \dfrac{(T.D.)^2}{P.W.} $= Rs.$ \left(\dfrac{160 \times 160}{1600} \right) $= Rs. 16.
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