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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) - 8 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)
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