Aptitude - Banker's Discount - Discussion

Discussion Forum : Banker's Discount - General Questions (Q.No. 6)
6.
The banker's discount of a certain sum of money is Rs. 72 and the true discount on the same sum for the same time is Rs. 60. The sum due is:
Rs. 360
Rs. 432
Rs. 540
Rs. 1080
Answer: Option
Explanation:

Sum = B.D. x T.D. = Rs. 72 x 60 = Rs. 72 x 60 = Rs. 360.
B.D. - T.D. 72 - 60 12

Discussion:
11 comments Page 2 of 2.

Sairam said:   1 decade ago
Can some one explain how this formula for sum has came?

Thanks in advance. :).


Post your comments here:

Your comments will be displayed after verification.