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The true discount on a bill of Rs 900 is...

The true discount on a bill of Rs 900 is Rs 100. Find the banker's discount.

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To solve the problem of finding the banker's discount when the true discount on a bill of Rs 900 is Rs 100, we can follow these steps: ### Step 1: Understand the Definitions - **True Discount (TD)**: The difference between the nominal value (or face value) of the bill and its present worth (PW). - **Banker's Discount (BD)**: The discount calculated on the face value of the bill. ### Step 2: Identify Given Values - True Discount (TD) = Rs 100 - Present Worth (PW) = Rs 900 ### Step 3: Use the Formula for True Discount The formula for True Discount is: \[ \text{TD} = \sqrt{\text{PW} \times \text{Banker's Gain (BG)}} \] ### Step 4: Rearrange the Formula We can rearrange the formula to find the Banker's Gain (BG): \[ \text{BG} = \frac{\text{TD}^2}{\text{PW}} \] ### Step 5: Substitute the Known Values Substituting the known values into the rearranged formula: \[ \text{BG} = \frac{100^2}{900} \] \[ \text{BG} = \frac{10000}{900} \] \[ \text{BG} = \frac{1000}{90} \] \[ \text{BG} = \frac{100}{9} \] \[ \text{BG} \approx 11.11 \] ### Step 6: Calculate Banker's Discount The Banker's Discount (BD) is calculated as: \[ \text{BD} = \text{Banker's Gain (BG)} + \text{True Discount (TD)} \] Substituting the values we have: \[ \text{BD} = \frac{100}{9} + 100 \] \[ \text{BD} = 11.11 + 100 \] \[ \text{BD} \approx 111.11 \] ### Final Answer The Banker's Discount is approximately Rs 111.11. ---
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