Aptitude - Banker's Discount - Discussion
Discussion Forum : Banker's Discount - General Questions (Q.No. 5)
5.
The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is:
Answer: Option
Explanation:
| T.D. = |  |
B.G. x 100 |  |
= Rs. | |
270 x 100 | |
= Rs. 750. |
| R x T | 12 x 3 |
B.D. = Rs.(750 + 270) = Rs. 1020.
Discussion:
19 comments Page 1 of 2.
Rpm said:
8 years ago
What is the bankers gain formula?
(2)
Raj said:
1 decade ago
What means by TD ?
(1)
Dinesh. R said:
4 years ago
@All.
How it will come 750? Explain, please.
How it will come 750? Explain, please.
(1)
Chico said:
6 years ago
I = (PNR/100).
270 = (P*3*12)/100.
= 1020.
270 = (P*3*12)/100.
= 1020.
(1)
Sufian Liaqat said:
8 years ago
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.
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.
(1)
Ashok said:
1 decade ago
TD means total discount.
BG is banker gain.
R is rate and T is time.
BG is banker gain.
R is rate and T is time.
(1)
Rumpi said:
1 decade ago
Why 270 added with T.D. ?
Kalpit said:
1 decade ago
It is same to I=(PRN)/100
Shiyamala maths said:
1 decade ago
Given:.
They are given in a Qn gain of sum (sum means add).
So we add the value 270.
They are given in a Qn gain of sum (sum means add).
So we add the value 270.
Kaur said:
1 decade ago
BD????
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