1.If the true discount on a certain sum due 6 months hence at 15% is Rs 120.What is the bankers discount on the same for same time and the same rate.
A. 120 B. 130
C. 129 D. 126
2.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.
A. 4 Months B. 3 Months
C. 9 Months D. 6 Months
3.The bankers discount and true discount on a sum of money due 8 months hence are Rs.120 & Rs.110 resp. Find the sum & the rate per cent
A. 132% B. 137%
C. 129% D. 137/11%
4.The Bankers discount on Rs 1650 due a certain time hence is Rs 165. find the true discount and the bankers gain.
A. Rs.12 B. Rs.13
C. Rs.15 D. Rs.16
5.The Present worth of a bill due something hence is Rs 1110 and the true discount on the bill is Rs.110 . Find the bankes discount & the bankers gain.
A. Rs.121 B. Rs.125
C. Rs.134 D. Rs.126
6.What rate percent does a man get for his money when in discounting
A. 132% B. 131/5%
C. 131/3% D. 137/11%
7.A bill for Rs.6000 is drawn on July 14 at 5 months . It is discounted on 5th October at 10%.Find the bankers discount true discount, bankers gain and the money that the holder of the bill receives.
A. 5890 B. 5880
C. 8550 D. 6885
2. The bankers gain on a certain sum due 1 ½ year hence is 3/25 of the bankers discount .The rate percent is:
A. 91/9% B. 89/5%
C. 76/3% D. 37/11%
3. The bankers gain of a certain sum due 2 years hence at 10% per annum is Rs 24 .The percent worth is:
A. 450 B. 600
C. 550 D. 650
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