Home » Aptitude » Banker's Discount » Question
  1. The difference between Simple Interest and True Discount on a certain sum of money, paid by Mr Manohar, for 6 months at
    12
    1
    % per annum is Rs. 25. Find the sum (Rs.).
    2
    1. 6,800
    2. 6,500
    3. 6,000
    4. 6,200
Correct Option: A

On the basis of above given question , we can say that

Let amount be Rs. P ; True Discount =
P
;
17

Simple Interest = P x
25
x
1
22
100

Simple Interest =
P
;
16

P
-
P
= 25
1617

⇒ 17P − 16P = 25 × 16 × 17
⇒ P = Rs. 6800
Thus , the sum is Rs. 6800 .



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