20.
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The banker’s discount on Rs. 1600 at 15% per annum is the same as true discount on Rs. 1680 for the same time and at the same rate. The time is:
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A.
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3 months
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B.
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4 months
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C.
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6 months
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D.
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8 months
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Answer: Option B
Explanation:
S.I. on Rs. 1600 = T.D. on Rs. 1680.
Rs. 1600 is the P.W. of Rs. 1680, i.e., Rs. 80 is on Rs. 1600 at 15%.
Time =
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100 x 80
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year
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=
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1
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year = 4 months.
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1600 x 15
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3
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Title : Bankers Discount Q20
Description : 20. The banker’s discount on Rs. 1600 at 15% per annum is the same as true discount on Rs. 1680 for the same time and at the same rate....
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