Aptitude - Banker's Discount - Discussion
Discussion Forum : Banker's Discount - General Questions (Q.No. 10)
10.
| The banker's gain on a certain sum due 1 | 1 | years hence is | 3 | of the banker's |
| 2 | 25 |
discount. The rate percent is:
Answer: Option
Explanation:
Let, B.D = Re. 1.
| Then, B.G. = Re. | 3 | . |
| 25 |
 T.D. = (B.D. - B.G.) = Re. |
 |
1 - | 3 |  |
= Re. | 22 | . |
| 25 | 25 |
| Sum = | |
1 x (22/25) | |
= Rs. | 22 | . |
| 1-(22/25) | 3 |
| S.I. on Rs. | 22 | for 1 | 1 | years is Re. 1. |
| 3 | 2 |
| Rate = |
 |
100 x 1 |  % |
|
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Discussion:
13 comments Page 2 of 2.
Vikram said:
1 decade ago
How is possible for Re. 1.
King said:
1 decade ago
B.D means banker discount and B.G means banker gain
Arun said:
1 decade ago
What is the B.D and B.G?
Post your comments here:
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