The bankers discount and the true discount of a sum at 10% per annum simple interest for the same time are Rs. 100 and Rs. 80 respectively. What is the sum and the time? Options: A . &nbspSum = Rs. 400 and Time = 5 years B . &nbspSum = Rs. 200 and Time = 2.5 years C . &nbspSum = Rs. 400 and Time = 2.5 years D . &nbspSum = Rs. 200 and Time = 5 years

The bankers discount and the true discount of a sum at 10% per annum simple inte

Question

The bankers discount and the true discount of a sum at 10% per annum simple interest for the same time are Rs. 100 and Rs. 80 respectively. What is the sum and the time?

Options:

A . Sum = Rs. 400 and Time = 5 years

B . Sum = Rs. 200 and Time = 2.5 years

C . Sum = Rs. 400 and Time = 2.5 years

D . Sum = Rs. 200 and Time = 5 years

Answer: Option C

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