If the banker’s discount on a certain amount of money is Rs. 80 and the true discount on the same amount for the same time duration is Rs. 64, then the amount due is:
A. 310
B. 320
C. 330
D. 340
Answer: Option B
Solution(By Examveda Team)
$$\eqalign{ & {\text{Amount}}\,{\text{Due}} \cr & = \frac{{B.D. \times T.D.}}{{B.D. - T.D.}} \cr & = \frac{{80 \times 64}}{{80 - 64}} \cr & = {\text{Rs}}{\text{.}}\,320 \cr} $$Related Questions on Bankers Discount
The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:
A. Rs. 400
B. Rs. 360
C. Rs. 480
D. Rs. 320
A. 3 months
B. 4 months
C. 6 months
D. 8 months
A. Rs. 480
B. Rs. 520
C. Rs. 600
D. Rs. 960
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