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The banker's discount on a bill due 6 mo...

The banker's discount on a bill due 6 months hence at `6%` is Rs. 37.08 . The true discount is -----

A

Rs.6.18

B

Rs.12.36

C

Rs.48

D

Rs.36

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The correct Answer is:
To find the true discount when given the banker's discount, we can use the formula: \[ \text{True Discount} = \frac{\text{Banker's Discount} \times 100}{100 + (\text{Rate} \times \text{Time})} \] ### Step-by-Step Solution: 1. **Identify the given values**: - Banker's Discount (BD) = Rs. 37.08 - Rate (R) = 6% - Time (T) = 6 months = \( \frac{6}{12} = \frac{1}{2} \) years 2. **Convert the time into years**: - Since the time is given in months, we convert it to years. 6 months is equal to \( \frac{1}{2} \) years. 3. **Calculate the denominator**: - The denominator of the formula is \( 100 + (R \times T) \). - First, calculate \( R \times T \): \[ R \times T = 6 \times \frac{1}{2} = 3 \] - Now, add this to 100: \[ 100 + 3 = 103 \] 4. **Substitute the values into the formula**: - Now, substitute the Banker's Discount and the calculated denominator into the formula: \[ \text{True Discount} = \frac{37.08 \times 100}{103} \] 5. **Calculate the True Discount**: - First, calculate \( 37.08 \times 100 = 3708 \). - Now divide by 103: \[ \text{True Discount} = \frac{3708}{103} \approx 36 \] 6. **Final Answer**: - The True Discount is approximately Rs. 36. ### Summary: The True Discount is Rs. 36.
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