The bankers discount on Rs. 1800 at 12% per annum is equal to the true discount on Rs. 1872 for the same time at the same rate. Find the time.
3 months
5 months
1 month
4 months
Explanation:
S.I. on Rs. 1800 = T.D. on Rs. 1872.
P.W. of Rs. 1872 is Rs. 1800.
Rs. 72 is S.I. on Rs. 1800 at 12%.
Time =[(100 x 72)/ (12x1800)]year
1/3year = 4 months.
S.I. on Rs. 1800 = T.D. on Rs. 1872.
P.W. of Rs. 1872 is Rs. 1800.
Rs. 72 is S.I. on Rs. 1800 at 12%.
Time =[(100 x 72)/ (12x1800)]year
1/3year = 4 months.