Vishwanath
Tuesday, February 19, 2013
4. If the true discount on a certain sum due 6 months hence at 15% is Rs. 120, what is the banker’s discount on the same sum for the same time and at the same rate?
A. 100 B. 115 C. 120 D. 129
Answer: D
Explanation:
B.G. = S.I. on T.D. = Rs. [120 * 15 * 1/2 * 1/100] = Rs. 9.
∴ (B.D.) - (T.D.) = Rs.9.
∴ B.D. = Rs. (120 + 9) = Rs. 129.
Title : Bankers Discount Q4
Description : 4. If the true discount on a certain sum due 6 months hence at 15% is Rs. 120, what is the banker’s discount on the same sum for the same ti...
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