Curioustab

Home » Aptitude » Banker's Discount

If the true discount on a certain sum due 6 months hence at 15% is Rs 120.What is the bankers discount on the same for same time and the same rate.

Rs.109
Rs.119
Rs.129
Rs.139

Correct Answer: Rs.129

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

← Previous Question Next Question→

More Questions from Banker's Discount

The banker's discount on a bill due 6 months hence at 6% is Rs. 18.54. What is the true discount?
What is the difference between the banker's discount and the true discount on Rs.8100 for 3 months at 5%
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:
The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The banker's gain is:
Two consecutive discounts x% and y% is equivalent to the discount
The bankers gain of a certain sum due 2 years hence at 10% per annum is Rs 24 .The percent worth is
The banker's discount on a certain sum due 2 years hence is11/10of the true discount. The rate percent is:
The banker's discount on Rs. 1650 due a certain time hence is Rs. 165. Find the true discount and the banker's gain.
The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:
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?

Discussion & Comments

No comments yet. Be the first to comment!

Join Discussion