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:
Rs. 480
Rs. 520
Rs. 600
Rs. 960
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 2 of 3.

Amruth said:   6 years ago
According to the first problem.

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

Please explain.

Sayan said:   1 decade ago
Can somebody please explain: -

Present Worth=100*T.D/RT???

Harshita said:   7 years ago
Why didn't we add 100 in the denominator? Please tell me.

Rooney said:   1 decade ago
What is True discount ? Is it principal ???

Vishakha said:   7 years ago
What is the difference between BG and TD?

Dhruv said:   1 decade ago
Can it be done through compound interest?

Vincent said:   1 decade ago
Hi, @Parkavi.

PW Means Present Worth.

Raushan.anshu@gmail.com said:   1 decade ago
How T.D. = B.G.*100/(Rate*Time)?

Vijay said:   9 years ago
What is true discount mean?

Jhansi said:   1 decade ago
T.D means True Discount


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