top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

The banker's discount on a bill due 15 months hence at 6% is Rs. 2170. What is the true discount?

0 votes
193 views
The banker's discount on a bill due 15 months hence at 6% is Rs. 2170. What is the true discount?
posted Nov 30, 2018 by Samardeep Acharya

Share this puzzle
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

Discount for 15 months is 6%
Hence for 12 months it will be
12 /15*6=4.8%
Total discount will be
0.8*2170=1736

answer Nov 30, 2018 by Subhash Gupta
...