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 5 of 7.

Lakshmi said:   1 decade ago
What is B. D please give me the explanation?

Naveed IRshad said:   10 years ago
Thanks for all who mention the answers here.

SUVRAJIT SAMAL said:   1 decade ago
Please tell me how this formula is derived?

Lavanya Katturoju said:   7 years ago
How 100 + (15 * 1/3) is 105? Plase explain.
(3)

Tausif said:   8 years ago
Can anyone discuss it in shortcut method?

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

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

Shikha said:   3 years ago
Please share with formula and solution.
(6)

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

Sundar said:   1 decade ago
TD - True Discount
PW - Present Worth


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