# Banker’s Discount

The Banker’s discount on a bill due 4 months , hence at 15% is RS 420. The true discount is

A. RS 320

B. RS 360

C. RS 400

D. RS 480

Forward This Problem to Friend http://www.solvemaths.in/bankers-discount/AptitudeThe Banker's discount on a bill due 4 months , hence at 15% is RS 420. The true discount is
A. RS 320
B. RS 360
C. RS 400
D. RS 480

dinesh
ppboomshankar@gmail.comSubscriberSOLVE - ΜΔΓΗŠ
C) 400

Explanation as shown:

True discount = T.D

Banker’s discount = B.D

rate = R

time = T

T=

=

T.D =

=

=

=

True discount = Rs. 400

True discount= RS.4OO

C