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 4 of 4.
Krishna said:
1 decade ago
Please explain clearly.
What is S.I, P.W?
And the formulas.
What is S.I, P.W?
And the formulas.
Sundar said:
1 decade ago
Prateek said:
1 decade ago
P.W. stands for?
What is True Discount?
What is True Discount?
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