### Discussion :: Banker's Discount - General Questions (Q.No.5)

Kaur said: (Oct 26, 2010) | |

BD???? |

Vipin said: (Dec 8, 2010) | |

What is BG and BD? |

Bibz said: (Dec 12, 2010) | |

Bankers Discount and Bankers Gain. |

Pinku said: (Mar 1, 2011) | |

What is R and T? |

Eliza said: (Apr 6, 2011) | |

Rate and time. |

Banu said: (Nov 10, 2011) | |

HOW 100? |

Rumpi said: (Feb 29, 2012) | |

Why 270 added with T.D. ? |

Kalpit said: (Sep 16, 2012) | |

It is same to I=(PRN)/100 |

Shiyamala Maths said: (Sep 30, 2012) | |

Given:. They are given in a Qn gain of sum (sum means add). So we add the value 270. |

Raj said: (Oct 5, 2012) | |

What means by TD ? |

Ashok said: (May 11, 2013) | |

TD means total discount. BG is banker gain. R is rate and T is time. |

Sukumar Satyen said: (Apr 29, 2015) | |

We know that, Banker's Gain (BG) = Banker's Discount (BD) - True Discount (TD). => 270 = (F*T*R/100) - (PW*T*R/100). => 270*100/(T*R) = F - PW. => 270*100/36 = F - PW. => F - PW = 750. => F - [F/{1+(R*T/100)}] = 750. => F - [F/{(100+36)/100}] = 750. => F - [100F/136] = 750. => 136 F - 100 F = 750*136. => 36 F = 750*136. => F = 750*136/36.........equation (1). From equation (1), Banker's Discount (BD) = F*T*R/100. => BD = 750*136*12*3/(100*36). => BD = 15*68 = RS. 1020. Thanks. |

Jebran said: (Oct 3, 2015) | |

270*100/12*3 = 6750 when added to 6750+270 = 7050. This is the error in question. |

Sakthivel Mrsd said: (Nov 17, 2015) | |

TD = B. G*100/R*T. TD = 27000/12*3. TD = 750. BG = BD-TD. BD = BG+TD. BD = 270+750. BD = 1020. |

Vaibhav said: (Jun 5, 2016) | |

Can anyone give me the easy calculation to find the solution? |

Sufian Liaqat said: (Mar 4, 2017) | |

750 is a amount on which 12 % rate was calculated. 270 in 3 years. So Bankers gain is 270/3 = 90 for each year. 90 = 12% of Amount. So 90=12/100 of Amount. 90/12 =Amount. Amount = 750. But this was the amount Banker had a profit of 90 each year. Not 270? So, 750 + 90 = 840 for each year. Correct me. |

Rpm said: (Aug 28, 2017) | |

What is the bankers gain formula? |

Chico said: (Apr 25, 2019) | |

I = (PNR/100). 270 = (P*3*12)/100. = 1020. |

#### Post your comments here:

Name *:

Email : (optional)

» Your comments will be displayed only after manual approval.