 Hi and how are you all today? My name is Priyanka and let us discuss this question. It says, find a banker's discount and true discount on a bill of rupees 22,800 due 4 months hence at 4% per annum. Now let us firstly write down the values which are given to us. We are given the face value of the bill as rupees 22,800. Term of the bill that is t is given to us as 4 months which is equal to 1 by 3 here right and we are given the rate of interest that is r equal to 4% per annum. Now we need to find out two things over here. Firstly true discount and then banker's discount. Now the formula for true discount is equal to SRT on 1 plus RT where SRT are these three respectively and banker's discount is equal to S into r into t. Now let us substitute the values we have S as 22,800 rate as 4% per annum time as 1 by 3 the whole divide by 1 plus r into t which is further equal to let us simplify 76 into 4 that is 304 upon 304 upon 300 which is equal to 300 into 304 upon 304 on simplifying gives us the answer as rupees 300 which is equal to the true discount. Further banker's discount is equal to 22,800 into 4% into time 1 by 3 simplifying we have its answer as rupees 304. So the answer to the session is true discount is found out to be rupees 300 whereas banker's discount is equal to rupees 304. This completes the session hope you understood it well and enjoyed it too have a nice day.