Difficulty: Easy
Correct Answer: ₹400
Explanation:
Given data
Concept/Approach
BD = S r t ⇒ find face value S, then TD = S r t ÷ (1 + r t).
Step-by-Step calculation
BD = S × 0.15 × (1÷3) = S × 0.05 = 420 S = 420 ÷ 0.05 = ₹8400 TD = S × 0.05 ÷ (1 + 0.05) = 420 ÷ 1.05 = ₹400
Verification/Alternative
Relation BD ÷ TD = 1 + r t = 1.05 ⇒ TD = BD ÷ 1.05 = 420 ÷ 1.05 = ₹400.
Final Answer
₹400
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