35. 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
A.3 months B. 4 months
C. 6 months D. 8 months
Answer:
S.I on Rs. 1600 = T.D on Rs. 1680.
Rs.1600 is the P.W of Rs.1680.
Rs.80 is S.I on Rs.1600 at 15%.
Time = (100x80 / 600x15)
= 1/3 year
= 4 months.
