The banker's discount on a bill due 10 months hence at 11% is Rs. 2017. What is the true discount?

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11 Oct 2017 Bankers Discount

The banker's discount on a bill due 10 months hence at 11% is Rs. 2017. What is the true discount?

OPtion

1) 1870.66
2) 1857.08
3) 1847.63
4) 1843.78
5) 1846.36
6) 1848.06
7) 1856.92
8) 1844.26
9) 1865.34
10) None of these

Solution

T.D.=B.D. x 100 /(100 + (R x T))
=> 2017*100/(100+(11*10/12))
=> ~1847.63

Option 3)

Correct Option: 3 Best Solution (10)

G.S.Kantharao   7 years AGO

T.D=B.D×100/{100+(R*T)/12}
=2017*100/{100+(11*10)/12}
=2017*100*12/1310=₹1847.63
Hence the right option is 3👈.

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AYAN PAUL   7 years AGO

We know T.D. = B.D * 100 / {100 +(R*T)}
Now putting these values from the above question we can find that
T.D. = Rs. 1847.63

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Mukund Manohar   7 years AGO

True Discount = 2017*100 / 100+(10/12 * 11)
= Rs 1847.63

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SAYAN CHATTERJEE   7 years AGO

X*10/12*11/100+x= 2017
So, x= 1847.63.
Option 3.

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J.DHANDAPANI   7 years AGO

Banker's discount x 100
True discount = ---------------------------------------
(100 + ( rate % x no. of years ))
= Rs.1847.63

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Varun   7 years AGO

TD = 100BD/(100+RT)
T in years.

= 201700/(100+11*10/12)
= 1847.63

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Devendra Marghade   7 years AGO

True Discount TD = BDx100/[100+(RT)]
=2017x100/[100+11x(10/12)]
=1847.63
Option 3)

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Chandra chur anand   7 years AGO

T.D=B.D*100/100+(R*T)
=201700/100+(11*10/12)
=1847.63

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UTKARSH   7 years AGO

TD=BD×100/100+(MONTH/12×%)
=2017×100/100+(10/12)×11
=201700/100+55/6
=201700×6/655
=40340×6/131
=242040/131
=1847.63

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Anupam Tripathi   7 years AGO

=(2017*100)/100+(11*(10/12))
=201700/10.166667
=1847.63358



option 3)

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