The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The banker's gain is:
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The answer is Rs. 16.
Step by step solution:-
Banker's gain = (T.D.)^2/P.W.
= (160)^2/1600 = Rs. 16
Step by step solution:-
Banker's gain = (T.D.)^2/P.W.
= (160)^2/1600 = Rs. 16
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