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If the banker's discount and banker's ga...

If the banker's discount and banker's gain on a certain bill, are RS 196 and RS 28, respectively. Find the amount of bill.

A

X 1200

B

X 1376

C

X 1176

D

X 1400

Text Solution

AI Generated Solution

The correct Answer is:
To find the amount of the bill given the banker's discount and banker's gain, we can follow these steps: ### Step 1: Identify the given values - Banker's Discount (BD) = Rs. 196 - Banker's Gain (BG) = Rs. 28 ### Step 2: Calculate the True Discount (TD) The True Discount can be calculated using the formula: \[ TD = BD - BG \] Substituting the values: \[ TD = 196 - 28 = 168 \] ### Step 3: Use the formula to find the Amount of the Bill (A) The formula to find the Amount of the Bill is: \[ A = \frac{BD \times TD}{BG} \] Substituting the values we have: \[ A = \frac{196 \times 168}{28} \] ### Step 4: Simplify the calculation First, simplify \( \frac{168}{28} \): \[ \frac{168}{28} = 6 \] Now, substitute this back into the equation: \[ A = 196 \times 6 \] ### Step 5: Calculate the final amount Now, perform the multiplication: \[ A = 1176 \] ### Conclusion The amount of the bill is Rs. 1176. ---
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