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

1.

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

[A].	Rs. 60
[B].	Rs. 108
[C].	Rs. 110
[D].	Rs. 112

Answer: Option B

Explanation:

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.

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