Home » Aptitude » Banker's Discount

The banker's gain of a certain sum due 2 years hence at 5% per annum is Rs. 80. The present worth is?

Correct Answer: Rs. 800

Explanation:

T.D. = (B.G. X 100) / (Rate x Time)
= Rs. (80 x 100) / (5 x 2)
= Rs. 800


← Previous Question Next Question→

Discussion & Comments

No comments yet. Be the first to comment!
Join Discussion