Aptitude - Banker's Discount - Discussion

Discussion Forum : Banker's Discount - General Questions (Q.No. 12)
12.
The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:
Rs. 60
Rs. 108
Rs. 110
Rs. 112
Answer: Option
Explanation:

P.W. = Rs. (540 - 90) = Rs. 450.

S.I. on Rs. 450 = Rs. 90.

S.I. on Rs. 540 = Rs. 90 x 540 = Rs. 108.
450

B.D. = Rs. 108.

Discussion:
12 comments Page 2 of 2.

Samanwita Nandi said:   6 years ago
Thank you all for the given explanation.

Anjum Bano said:   6 years ago
In a simple way,

By formula;

Sum(face value) = 540 & TD = 90.

We know that,
F = (BD*TD)/(BD-TD).
=> 540 = (BD * 90)/(BD-90),
=> 6BD - 540 = BD.
BD = 108 = Bankers discount.


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