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:
Rs. 960
Rs. 840
Rs. 1020
Rs. 760
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 2 of 2.

Rpm said:   8 years ago
What is the bankers gain formula?
(2)

Rumpi said:   1 decade ago
Why 270 added with T.D. ?

Kalpit said:   1 decade ago
It is same to I=(PRN)/100

Raj said:   1 decade ago
What means by TD ?
(1)

Vipin said:   1 decade ago
What is BG and BD?

Pinku said:   1 decade ago
What is R and T?

Eliza said:   1 decade ago
Rate and time.

BANU said:   1 decade ago
HOW 100?

Kaur said:   1 decade ago
BD????


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