The banker's gain on a bill due 1 year hence at 10% per annum is Rs. 20. What is the true discount?
A. Rs. 200
B. Rs. 100
C. Rs. 150
D. Rs. 250
Answer: Option A
Solution(By Examveda Team)
$$\eqalign{ & TD = \frac{{BG \times 100}}{{TR}} \cr & \,\,\,\,\,\,\,\,\,\,\, = \frac{{20 \times 100}}{{10}} \cr & \,\,\,\,\,\,\,\,\,\,\, = {\text{Rs}}{\text{.}}\,200 \cr} $$This Question Belongs to Arithmetic Ability >> Bankers Discount
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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