The true discount on a bill of Rs. 2160 is Rs. 360. What is the banker's discount?
A) Rs. 432 B) Rs. 422 C) Rs. 412 D) Rs. 442
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Step-by-step explanation:
The true discount on a bill of Rs. 2160 is Rs. 360. What is the banker's discount?
A) Rs. 432 B) Rs. 422 C) Rs. 412 D) Rs. 442yhbnkkg buy the answer is yes it is up in my profile is your
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Answer:
A) Rs. 432.
is right answer your questions
Step-by-step explanation:
F = Rs. 2160
TD = Rs. 360
PW = F - TD = 2160 - 360 = Rs. 1800
True Discount is the Simple Interest on the present value for unexpired time
=>Simple Interest on Rs. 1800 for unexpired time = Rs. 360
Banker's Discount is the Simple Interest on the face value of the bill for unexpired time
= Simple Interest on Rs. 2160 for unexpired time
=(360/1800)* 2160
= (1/5) * 2160
=Rs. 432
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