self Maths Puzzle

The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is:

A. Rs. 960 B. Rs. 840
C. Rs. 1020 D. Rs. 760

Read Solution (Total 2)

T.D. = (B.G.*100)/(R*T) = Rs. (270*100)/(12*3) = Rs. 750

B.D. = Rs.(750 + 270) = Rs. 1020

Option C)
7 years agoHelpfull: Yes(2) No(0)

Full explanation:
Formula: S.I=(P*T*R)/100
Let,
discount=x
So,
270=(x*3*12)/100
x=750
Banker discount=(750+270)=1020
Option(C)
7 years agoHelpfull: Yes(0) No(0)

self Other Question

The banker's discount on a sum of money for 1 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:

A. 10% B. 13%
C. 12% D. 15% .
The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is:

A. Rs. 36 B. Rs. 72
C. Rs. 48 D. Rs. 96