Aptitude - Banker's Discount - Discussion

Discussion Forum : Banker's Discount - General Questions (Q.No. 1)
1.
The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:
Rs. 400
Rs. 360
Rs. 480
Rs. 320
Answer: Option
Explanation:
T.D.
= B.D. x 100
100 + (R x T)
= Rs. 420 x 100
100 + 15 x 1
3
= Rs. 420 x 100
105
= Rs. 400.
Discussion:
70 comments Page 2 of 7.

Nivetha said:   8 years ago
420*100 = 42000,
42000 / (divide)105=400.
(1)

Ashish said:   8 years ago
B.G= S.I on T. D.
B.G=(T.D*R*T)/100.
B.D-T.D=(T.D*R*T)/100.
T.D+(T.D*R*T)/100=B.D.
T.D(100+R*T)/100=B.D.
T.D=B.D*100/(100+R*T).
(1)

Yuga said:   7 years ago
Can anyone explain the problem, please?
(1)

Mayur said:   10 years ago
How can get 105?

Deekshitha said:   9 years ago
How T is 1/3? Please tell me.

GIRISH said:   10 years ago
I didn't understand TD and BD and BG please anyone explain me?

Mahabur alam said:   10 years ago
I = P*N*R.

Here I = Interest.

P = Capital.
N = Time.
R = Rate.

Let capital=x.

(420-x) = x*(4/12)*(15/100).

x = 400 answer.

BISWAJIT SETHY said:   9 years ago
Here T stands for Time or Number of Years.

Why T = 1/3?

Because we can write 4 months as 1/3 years. (Ref: 4/12 = 1/3)

Manu said:   9 years ago
Somebody, please explain why TD formula 3time, and when to use, how to use it?

Before solving this question, I saw formulas but TD has three different way, confused and as per the TD FORMULA how 100 comes in formula?

Sreenivasulu said:   9 years ago
How the formula exist for amount = bd * td/bd - td?


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