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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: ?->(Show Answer!)
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1. 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:





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  • By: guest on 01 Jun 2017 05.44 pm
    S.I. on Rs. 1600 = T.D. on Rs. 1680. Rs. 1600 is the P.W. of Rs. 1680, i.e., Rs. 80 is on Rs. 1600 at 15%. Time = 100 x 80 year = 1 year = 4 months. 1600 x 15 3
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