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If the banker's discount and banker's gain on a certain bill, are ₹ 196 and ₹ 28, respectively. Find the amount of bill .
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- ₹ 1200
- ₹ 1376
- ₹ 1176
- ₹ 1400
Correct Option: C
Given that, BD = ₹ 196 and BG = ₹ 28
∴ TD = BD - BG = 196 - 28 = ₹ 168
According to the formula,
A = (BD x TD)/BG = (196 x 168)/28
= 196 X 6
= ₹ 1176
