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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Discussion:
70 comments Page 6 of 7.
Naimur rahman said:
9 years ago
Good answer @Mahabur Alam.
Tausif said:
9 years ago
Can anyone discuss it in shortcut method?
Bharath chan said:
9 years ago
Hi, all.
The true discount is initial amount Rs.400 (deposit on bank).
The banker's discount is the sum of amount and interest of the amount at particular interest rate (15%).
Rs.420 = 400 + (400x.15x(1/3)) = 400+20.
The true discount is initial amount Rs.400 (deposit on bank).
The banker's discount is the sum of amount and interest of the amount at particular interest rate (15%).
Rs.420 = 400 + (400x.15x(1/3)) = 400+20.
Jaspreet singh said:
9 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.
Asg said:
8 years ago
Thanks for the explanation.
Priti said:
8 years ago
How 420*100/105 =400? please explain anyone.
(1)
Gopi said:
8 years ago
Thanks for explaining it.
Nivetha said:
8 years ago
420*100 = 42000,
42000 / (divide)105=400.
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).
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)
Nanthini said:
8 years ago
Please, anyone explain me easily.
(2)
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