The present worth of a certain bill due sometime hence is

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The present worth of a certain bill due sometime hence is Rs. 1296 and the true discount is Rs. 72. What is the banker’s discount?

1. Rs. 76
2. Rs. 72
3. Rs. 74
4. Rs. 4

Correct Option: A

As per given question,
Present worth PW = 1296
Banker gain = ?
True Discount = 72
As we know the formula,

Banker's Gain =	(True Discount)²
	Presence Worth

⇒ Banker's Gain =	72 x 72	= Rs. 4
	1296

Apply the below formula to calculate the Banker's Discount
Banker's discount = True Discount + Banker's gain
⇒ BD = TD + BG
⇒ BD = 72 + 4 = Rs. 76