# Aptitude - Banker's Discount - Discussion

Discussion Forum : Banker's Discount - General Questions (Q.No. 3)

3.

The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:

Answer: Option

Explanation:

T.D. = | B.G. x 100 | = Rs. | 24 x 100 | = Rs. 120. | ||||

Rate x Time | 10 x 2 |

P.W. = | 100 x T.D. | = Rs. | 100 x 120 | = Rs. 600. | ||

Rate x Time | 10 x 2 |

Discussion:

27 comments Page 1 of 3.
Jamshaid said:
1 year ago

Only 120 is the answer.

Bhaskar Reddy said:
4 years ago

BD-TD=24, So

Take BD in terms of TD I,.e BD=TD(100+rt)/100.

Substitute in above and take TD as common& solve TD,

You will get True discount 120,

Take TD=PW*rt/100 basic formulae,

We get PW as 600.

Take BD in terms of TD I,.e BD=TD(100+rt)/100.

Substitute in above and take TD as common& solve TD,

You will get True discount 120,

Take TD=PW*rt/100 basic formulae,

We get PW as 600.

Amruth said:
4 years ago

According to the first problem.

TD= B.D*100/ 100+R*T.

Please explain.

TD= B.D*100/ 100+R*T.

Please explain.

Vishakha said:
5 years ago

What is the difference between BG and TD?

Harshita said:
5 years ago

Why didn't we add 100 in the denominator? Please tell me.

Habibur Rahman said:
6 years ago

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.

I think p=SI/nr where p is the principle and it should be asked answer and it's 120.

BHAVADIP said:
6 years ago

True Discount and bankers discount in which lots of the discount.

BD is Actually Simple Intrest And banker TD is After the discount.

BD is Actually Simple Intrest And banker TD is After the discount.

Vijay said:
7 years ago

What is true discount mean?

Divya said:
8 years ago

What is B.G?

Is this difference between true discount and bankers discount?

Is this difference between true discount and bankers discount?

Sakthivel MRSD said:
8 years ago

T.D = B.G*100/R*T.

= 24*100/10*2.

T.D = 120.

P.W = 100*T.D/R*T.

= 12000/20.

P.W = 600.

= 24*100/10*2.

T.D = 120.

P.W = 100*T.D/R*T.

= 12000/20.

P.W = 600.

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