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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.
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The bankers discount and the true discount on a sum of money due 8 months hence are Rs. 120 and Rs. 110 respectively.
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The true discount on a bill due 9 months hence at 12%
per annum is Rs. Find the amount of the bill and its present
worth.
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The true discount on a certain sum of money due 3 years hence is Rb. 250 and the simple interest on the same sum for the same time and at the same rate is Rs. 375. Find the sum and the rate percent.
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The difference between the simple interest and true
discount on a certain sum of money for 6 months at 12—% per annum is Rs. 25. Find the sum.
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A bill falls due in 1 year. The creditor agrees to accept
immediate payment of the half and to defer the payment of the
other half for 2 years. By this arrangement
ins Rs. 40. What is the amount of the bill, if the money be
worth 12-z% ?
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Answer
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The bankers discount and the true discount on a sum of money due 8 months hence are Rs. 120 and Rs. 110 respectively. Find the sum and the rate percent.
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Answer
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The present worth of a bill due sometime hence is Rs. 1100 and the true discount on the bill is Rs. 110. Find the bankers discount and the bankers gain.
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The bankers discount on Rs. 1650 due a certain time hence is Rs. 165. Find the true discount and the bankers gain.
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What rate percent does a man get for his money when in discounting a bill due 10 months hence, he deducts 10% of the amount of the bill?
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