Aptitude - Banker's Discount - Discussion
Discussion Forum : Banker's Discount - General Questions (Q.No. 4)
4.
The banker's discount on a sum of money for 1
years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:
years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:
Answer: Option
Explanation:
B.D. for  years |
= Rs. 558. | |||||||
| B.D. for 2 years |
|
|||||||
| = Rs. 744 |
T.D. for 2 years = Rs. 600.
 Sum = |
B.D. x T.D. | = Rs. |  |
744 x 600 |  |
= Rs. 3100. |
| B.D. - T.D | 144 |
Thus, Rs. 744 is S.I. on Rs. 3100 for 2 years.
| Rate = |
|
100 x 744 | % |
= 12% |
| 3100 x 2 |
Discussion:
22 comments Page 2 of 3.
S.v.s Rama chaitanya said:
1 decade ago
how bankers discount for 2yr's has taken .it is given for true discount only
Raja said:
1 decade ago
What is bankers discount?
How is it differed from true discount?
How is it differed from true discount?
Dharani said:
1 decade ago
@Krishna sir how x=(558*2)/3/2 comes?
Can you explain me.
Can you explain me.
Likitha said:
5 years ago
How bankers discount for 2 yrs= 558*2/ (3/2) came?
(1)
Yashwanth said:
10 years ago
What is the formula for B.D for 2 years?
Divya said:
7 years ago
How come X=558*2?
Please explain me.
Please explain me.
Megha Mahale said:
7 years ago
What is the Formula for the rate?
(1)
Rizu said:
9 years ago
I got it, thanks @Krishna.
Wendale said:
9 years ago
@Yashwanth.
bd * 2/3/2.
bd * 2/3/2.
Kathir said:
7 years ago
For 2 years X = 558 * 2.
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