Discussion :: Banker's Discount - General Questions (Q.No.3)
|Pritee said: (Jul 21, 2011)|
|What is T. D. ?|
|Jhansi said: (Oct 31, 2011)|
|T.D means True Discount|
|Sayan said: (Mar 6, 2012)|
|Can somebody please explain: -
|Ravi Saini said: (Mar 30, 2012)|
|What is B. G ?|
|Nithya said: (Apr 27, 2012)|
|B.G means BANKERS GAIN|
|Dileep Mathew John said: (Jun 29, 2012)|
We have studied the formula for Simple interest na.
S.I= (P.R.T) /100 where P=principal, R=Rate, T=Time.
100 is there because rate is specified as a percentage. Just cross multiply the equation P=[(S.I) *100/ (R. T) ] Here P, principal is nothing but the present worth & true Discount is similar to S. I in this case and hence the equation.
|Rooney said: (Sep 6, 2012)|
|What is True discount ? Is it principal ???|
|Vishal Nigade said: (Dec 21, 2012)|
|100 is there because rate is specified as a percentage. Just cross multiply the equation P=[(S.I) *100/ (R. T) ]|
|Jai Prakash said: (Apr 13, 2013)|
|Simple method as for I know.
T.D. =(B.G. x 100)/(R/T)= (24*100)/(10*2)=Rs.120.
B.G=(T.D)^2/P.W => P.W= (T.D)^2/B.G.
P.W= (120)^2/ 24 = 14400/24=600.
If anyone knows better explanation?
|Imzzys said: (Aug 19, 2013)|
|Someone please show the derivation.
B.G. = (T.D.)*(T.D.)/P.W. or
T.D. = B.G.*100 /(Rate*Time).
|Parkavi said: (Jun 20, 2014)|
|What is meant by PW?|
|Vincent said: (Jul 21, 2014)|
PW Means Present Worth.
|Ashish said: (Jul 26, 2014)|
|What is banker's gain?|
|Swapan said: (Jul 30, 2014)|
|What is present worth?|
|Raushan.Anshu@Gmail.Com said: (Oct 30, 2014)|
|How T.D. = B.G.*100/(Rate*Time)?|
|Dhruv said: (Aug 2, 2015)|
|Can it be done through compound interest?|
|Sukhsand Singh said: (Oct 24, 2015)|
|Is the answer correct?
I mean B.G = B.D - T.D.
Now, B.D = (PxRxT)/100.
T.D = (PxRxT)/(100+ RxT).
Now, R=10; T=2; B.G = 24.
Solving this we get P = 720.
Am I doing anything wrong? Appreciate the help.
|Sakthivel Mrsd said: (Nov 17, 2015)|
|T.D = B.G*100/R*T.
T.D = 120.
P.W = 100*T.D/R*T.
P.W = 600.
|Divya said: (Jan 17, 2016)|
|What is B.G?
Is this difference between true discount and bankers discount?
|Vijay said: (Oct 10, 2016)|
|What is true discount mean?|
|Bhavadip said: (Aug 12, 2017)|
|True Discount and bankers discount in which lots of the discount.
BD is Actually Simple Intrest And banker TD is After the discount.
|Habibur Rahman said: (May 23, 2018)|
|I really don't understand why has come TD here?
I think p=SI/nr where p is the principle and it should be asked answer and it's 120.
|Harshita said: (Aug 22, 2018)|
|Why didn't we add 100 in the denominator? Please tell me.|
|Vishakha said: (Oct 22, 2018)|
|What is the difference between BG and TD?|
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