Difficulty: Medium
Correct Answer: Rs. 2
Explanation:
Introduction / Context:
We are given TD and face value F; the time (8 months) is mentioned but rate is not. However, we can find x = r * t directly from TD and F: TD = F * x / (1 + x). Having x, BG = x * TD. No need to split x into r and t separately.
Given Data / Assumptions:
Concept / Approach:
Solve TD = F * x / (1 + x) for x, then compute BG = x * TD. This is efficient and general.
Step-by-Step Solution:
Verification / Alternative check:
BD = (1 + x)*TD = (31/30)*60 = ₹62; BG = BD − TD = 62 − 60 = ₹2, consistent.
Why Other Options Are Wrong:
₹1.5, ₹2.5, ₹4 do not equal x * TD with x = 1/30.
Common Pitfalls:
Attempting to find r explicitly; not required because BG depends on x only.
Final Answer:
Rs. 2
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