Aptitude - Banker's Discount - Discussion

Discussion Forum : Banker's Discount - General Questions (Q.No. 2)
2.
The banker's discount on Rs. 1600 at 15% per annum is the same as true discount on Rs. 1680 for the same time and at the same rate. The time is:
3 months
4 months
6 months
8 months
Answer: Option
Explanation:

S.I. on Rs. 1600 = T.D. on Rs. 1680.

Rs. 1600 is the P.W. of Rs. 1680, i.e., Rs. 80 is on Rs. 1600 at 15%.

Time = 100 x 80 year = 1 year = 4 months.
1600 x 15 3

Discussion:
33 comments Page 2 of 4.

Ashish Garg said:   1 decade ago
B.D= 1600*15*T/100=240T
T.D=1680*15*T/100+15T
NOW,B.D=T.D
THUS T=1/3*12=4 MONTHS

Prena said:   1 decade ago
Is there any other alternative or shortcut way to solve this question?

Sravanthi said:   1 decade ago
Can any one explain me how the formulas of B.D and T.D are derived?

Krishna said:   1 decade ago
Please explain clearly.

What is S.I, P.W?

And the formulas.

Shanthi said:   8 years ago
I'm not getting the answer. Can anyone explain me clearly?

Jasmine said:   5 years ago
What is the formula for time? Please, anyone, tell me.
(2)

Navaraj said:   7 years ago
Why 1600 is taken in time calculation?

If Td is 1680.

S. Jamesanderson said:   7 years ago
Please explain the solution with the shortcut method.

Naaz said:   9 years ago
Can anyone explain me clearly, how did that 80 came?

Isha said:   1 decade ago
B.D = bank discount and t.d = true discount.


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