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 3 of 7.
Muhammad Asif said:
1 decade ago
Easy solution
15% rate is for one year so we have to cslculate for 1/3 so its become 5% of 15% 420*100/105=400
15% rate is for one year so we have to cslculate for 1/3 so its become 5% of 15% 420*100/105=400
Sawma said:
1 decade ago
It was written in the important formulas that,
T.D = B.G x 100/Rate x Time.
Why you use another formula?
T.D = B.G x 100/Rate x Time.
Why you use another formula?
Jyothi said:
1 decade ago
How comes this formula T.D. = B.D. x 100 / 100+(R*T)
Atually T.D = Amout*rate*time / 100+(R*T)
Atually T.D = Amout*rate*time / 100+(R*T)
Lokambika said:
9 years ago
Bill due is 4 months and for a year, total number of months is 12. So 4/12 = 1/3.
(1)
Ghulam Abbas said:
1 year ago
Simple:
15%/ 12months x 4months = 5%.
420 = X * 105%.
hence, x is equal to 400.
15%/ 12months x 4months = 5%.
420 = X * 105%.
hence, x is equal to 400.
(1)
Namaste prakash said:
2 years ago
15 percent per annum.
Hence;
15 x 4/12 = 15x 1/3= 5;
100 + 5 = 105.
Hence;
15 x 4/12 = 15x 1/3= 5;
100 + 5 = 105.
(4)
Siraj said:
1 decade ago
How it comes 420*15%*4/12 =20 as saleem said actually answer is 21
Piyushkantidhara said:
1 decade ago
What is the difference between true discount and banker discount?
Ramapati said:
1 decade ago
What is the difference between true discount and banker discount?
GIRISH said:
10 years ago
I didn't understand TD and BD and BG please anyone explain me?
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