Discussion Forum : Bankers Discount
Question -
The banker’s gain on a bill due 2 years hence at 10% per annum is Rs.10. What is the true discount?
Answer: Option D
$$\eqalign{
& T.D. = \frac{{B.G. \times 100}}{{R \times T}} \cr
& \,\,\,\,\,\,\,\,\,\,\,\,\, = \frac{{10 \times 100}}{{10 \times 2}} \cr
& \,\,\,\,\,\,\,\,\,\,\,\,\, = {\text{Rs}}{\text{.}}\,50 \cr} $$
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$$\eqalign{
& T.D. = \frac{{B.G. \times 100}}{{R \times T}} \cr
& \,\,\,\,\,\,\,\,\,\,\,\,\, = \frac{{10 \times 100}}{{10 \times 2}} \cr
& \,\,\,\,\,\,\,\,\,\,\,\,\, = {\text{Rs}}{\text{.}}\,50 \cr} $$
Was this answer helpful ?
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