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:
Answer: Option
Explanation:
| T.D. |
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| = Rs. 400. |
Discussion:
70 comments Page 2 of 7.
M.shoaib said:
1 decade ago
This explanation is just for @Lakshmi's confusion,
Very simple, B.D stands for banker discount, a fix amount which is given by bank to its client on its deposit,
Got it @Lakshmi.
Very simple, B.D stands for banker discount, a fix amount which is given by bank to its client on its deposit,
Got it @Lakshmi.
Jaspreet singh said:
8 years ago
Sir, why I am getting 21?
please help me out 420*15%*4/12 is it the right way I am doing but still, my answer is 21 and your getting 20 please help me.
Thanks in advance.
please help me out 420*15%*4/12 is it the right way I am doing but still, my answer is 21 and your getting 20 please help me.
Thanks in advance.
Sundar said:
1 decade ago
Hi All,
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)
Hope you understand. Have a nice day guys!
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)
Hope you understand. Have a nice day guys!
Jai Gupta said:
1 decade ago
How to come B.D.=(A*R*T)/100;
T.D.=(A*R*T)/[100+(R*T)];
THEN T.D.=[(A*R*T)*(100/100)]/[100+(R*T)];
T.D.=[((A*R*T)/(100))*100]/[100+(R*T)];
T.D.=BD.*100/[100+(R+T)]
T.D.=(A*R*T)/[100+(R*T)];
THEN T.D.=[(A*R*T)*(100/100)]/[100+(R*T)];
T.D.=[((A*R*T)/(100))*100]/[100+(R*T)];
T.D.=BD.*100/[100+(R+T)]
Amit said:
1 decade ago
Can anyone tell me a clear definition of true discount and bankers discount. I have a lot of confusion with the theory.
Please. I have to appear in a test before 19th nov.
Please. I have to appear in a test before 19th nov.
Smitha said:
9 years ago
1/3 because they said 4 months.
We know that 12months = 1 year hence,
4months = ?
Which is (4months * 1year) ÷ 12months.
Which is 1/3 year.
We know that 12months = 1 year hence,
4months = ?
Which is (4months * 1year) ÷ 12months.
Which is 1/3 year.
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.
Here I = Interest.
P = Capital.
N = Time.
R = Rate.
Let capital=x.
(420-x) = x*(4/12)*(15/100).
x = 400 answer.
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).
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)
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)
Why T = 1/3?
Because we can write 4 months as 1/3 years. (Ref: 4/12 = 1/3)
Skiezz said:
7 years ago
BD=(A*R*T)/100.
TD=(A*R*T)/100+(R*T),
TD=BD*100/100+(R*T),
{BD*100= (A*R*T)/100*100}.
That's why BD*100=A*R*T.
TD=(A*R*T)/100+(R*T),
TD=BD*100/100+(R*T),
{BD*100= (A*R*T)/100*100}.
That's why BD*100=A*R*T.
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