ABC26GN5419 · Banker’s Discount
Subject: General Aptitude · Chapter: Banker’s Discount · Exam: · Marks: · Difficulty:
The present worth of a certain sum due sometime sum for 2 years is ` 600. The rate percent is hence is ` 1600 and the true discount is ` 160. The
(a)10% ` 20
(b)13% banker’s gain is ` 24 11. The banker’s discount of a certain sum of money
(c)12% ` 16
(d)15% ` 12 is ` 72 and the true discount on the same sum for
Answer
Explanation
B.G. = = ` = ` 16. P.W. 1600 B.G. × 100 24 × 100
Explanation as extracted from the printed page; notation may be imperfect.
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