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Choose the correct option.
The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:
ARs. 400
BRs. 360
CRs. 480
DRs. 320
Answer: Option (Login/Signup)
Show Explanation
= Rs. (420*100)/(100+(15*1/3))
= Rs. ((420*100)/105)
= Rs. 400.
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STEP-BY-STEP
T.D= (B.D*100)/(100+(R*T))
= Rs. (420*100)/(100+(15*1/3))
= Rs. ((420*100)/105)
= Rs. 400.
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