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 6 of 7.

Anu said:   9 years ago
How can we take rate = 15% directly?

Nanthini said:   7 years ago
Please, anyone explain me easily.
(2)

Svs said:   9 years ago
How 1/3 came? Not getting this.

Achyuth said:   1 decade ago
Why we use 1/3 for percentage?

Deekshitha said:   9 years ago
How T is 1/3? Please tell me.

Vinoth said:   1 decade ago
How we can take 15% is rate?

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

Mayuri said:   1 decade ago
How to find in shortcut way?

Asg said:   8 years ago
Thanks for the explanation.

Naimur rahman said:   9 years ago
Good answer @Mahabur Alam.


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