Aptitude - Banker's Discount - Discussion
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Read more:"I never see what has been done; I only see what remains to be done."
- Marie Curie
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The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:
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Rs. 480 | [B]. |
Rs. 520 | | [C]. |
Rs. 600 | [D]. |
Rs. 960 |
Answer: Option B
Explanation:
| T.D. = |
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B.G. x 100 |
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= Rs. |
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24 x 100 |
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= Rs. 120. |
| Rate x Time |
10 x 2 |
 P.W. = |
100 x T.D. |
= Rs. |
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100 x 120 |
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= Rs. 600. |
| Rate x Time |
10 x 2 |
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Vijay Agarwal said:
(Wed, Jul 14, 2010 04:32:43 PM)
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| thanks, for this solutions. i like this website. |
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Pritee said:
(Thu, Jul 21, 2011 06:23:56 PM)
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| What is T. D. ? |
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Jhansi said:
(Mon, Oct 31, 2011 11:36:35 AM)
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| T.D means True Discount |
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