53. If the true discount on a certain sum due 6 months hence at 15% is Rs. 120. What is the banker's discount on the same sum for the same time and at the same rate?
A. Rs. 119 B. Rs. 129
C. Rs. 131 D. Rs. 139
Answer:
B.G = S.I on T.D =Rs.(120x15x1 /2x1 /100)
= Rs.9.
(B.D)- (T.D) =Rs.9
B.D
= Rs.(120 + 9)
=Rs.129.
Title : Bankers Discount Q53
Description : 53. If the true discount on a certain sum due 6 months hence at 15% is Rs. 120. What is the banker's discount on the same sum fo...
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