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:
Choose the correct choice from the following:
A) 1 months B) 4 months C) 7 months D) 9 months E) 4 months
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   View Answer Discuss in Forum Workspac   Answer:4 months
<result>B</result>
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: