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 4 of 7.

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.

Asg said:   8 years ago
Thanks for the explanation.

Gopi said:   8 years ago
Thanks for explaining it.

Yasmeen said:   7 years ago
What about 105 how it comes?

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.

BhargaV said:   1 decade ago
What does T.D. & P.W. stands for ???

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

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.

Siraj said:   1 decade ago
How it comes 420*15%*4/12 =20 as saleem said actually answer is 21

K shravanreddy said:   1 decade ago
Actually what is the difference between T. D, S. I and B. D.


Post your comments here:

Your comments will be displayed after verification.