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  1. The banker’s gain on a certain sum of money is due for 9 months at 4 % p.a. is ₹2.25. The sum is :
    1. ₹2575
    2. ₹2500
    3. ₹2250
    4. ₹3250
    5. None of these
Correct Option: A

Here , Banker 's Gain = ₹2.25 , Time = 9 months = 9 = 3 years
124

Banker 's Gain is the interest on True Discount .
True discunt = Banker 's Gain × 100
Rate × Time
∴ True Discount ( T.D. ) =2.25 × 100 = ₹ 75
3/4 × 4

Banker 's Discount ( B.D. ) = True Discount ( T.D. ) + Banker 's Gain ( B.G. )
B.D.= ₹75 + ₹2.25 = ₹77.25
∴ Sum due =B.D. × T.D. = ₹77.25 × 75
B.G.2.25

Sum due = ₹ 2575.



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