Subject

    Quantitative Aptitude

    Topic

    Percentage

    The banker's discount on Tk. 1600 at 15% per annum is the same as true discount on Tk. 1680 for the same time and at the same rate. The time is:

    ক)
    3 months
    খ)
    4 months
    গ)
    6 months
    ঘ)
    8 months

    Explanation

    S.I. on Tk. 1600 = T.D. on Tk. 1680. So, Tk. 1600 is the P.W. of Tk. 1680, i.e., Tk. 80 is on Tk. 1600 at 15%. So, Time = (100 x 80)/( 1600 x 15) year = 1/3 year = 4 months.

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