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:
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 3 of 4.
Varun reddy said:
1 decade ago
Can we solve with formula simple interest?
(1)
Anisha said:
1 decade ago
What is S.I.? And what is time's formula?
Prateek said:
1 decade ago
P.W. stands for?
What is True Discount?
What is True Discount?
Mansubh said:
1 decade ago
Can we solve this by using P*R*T method.
(1)
Anna said:
9 years ago
From, where the value of 100 comes?
Saurav said:
7 years ago
How did 240 come? Please explain.
(1)
Nahwera David said:
4 years ago
Anyone help me to get it clearly?
(1)
ABCD said:
8 years ago
@Jiten.
S.I is Simple Interest.
S.I is Simple Interest.
Seema said:
1 decade ago
What is the 80? anybody tell me.
Amit said:
1 decade ago
@ krishna- si= simple interest
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