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 3 of 3.

Jamshaid said:   3 years ago
Only 120 is the answer.
(1)

Swapan said:   1 decade ago
What is present worth?

Ashish said:   1 decade ago
What is banker's gain?

NITHYA said:   1 decade ago
B.G means BANKERS GAIN

Parkavi said:   1 decade ago
What is meant by PW?

Pritee said:   1 decade ago
What is T. D. ?

Ravi saini said:   1 decade ago
What is B. G ?


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