A particular quantity of money has a banker's discount of Rs. 72, whereas the real discount on the same value for the same duration is Rs. 60. The amount owed is:
A.Rs. 360
B. Rs.432
C.Rs. 540
D. Rs.1080
Answer:C
A particular quantity of money has a banker's discount of Rs. 72, whereas the real discount on the same value for the same duration is Rs. 60. The amount owed is:
A.Rs. 360 B. Rs.432 C.Rs. 540 D. Rs.1080
Explanation: B.D. x T.D./B.D. - T.D.= Rs. 72 x 60/72 - 60= Rs. 72 x 60/12 = Rs. 360