Banker's Discount Practice Test 2

S.I. for 2 years at 5% on Rs. 100 = Rs. 10; Hence S.D. = 100 + 10 = Rs. 110
Now discount on Rs. 110 = Rs. 10; then discount on Rs. 100 = $\frac{10}{110}\times 100$ = Rs. $\frac{100}{11}$
Since, S.I. – T . D. = $10-\frac{100}{11}$ = Re. $\frac{10}{11}$
Now, Difference is Re. $\frac{10}{11}$ then sum = Rs. 100
Hence, difference is Rs. 11 then sum = $\frac{100\times 11\times 11}{10}$ = Rs. 1210