[Rs. 3600] A bill falls due in 1 year. The creditor agrees to acceptimmediate payment of the half and to de

For Competitive Exams

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% ?

Rs. 3600

Rs. 3000

Rs. 2400

Rs. 1500

Explanation:

Let the sum be Rs. x. Then,
[x/2+(x/2*100)/100+(25/2*2)]-[(x*100)/(100+25/2*1]
=40
=>x/2+2x/5-8x/9=40
=>x=3600
Amount of the bill - Rs. 3600.

Additional Questions

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.	Answer
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.	Answer
The bankers discount on Rs. 1650 due a certain time hence is Rs. 165. Find the true discount and the bankers gain.	Answer
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?	Answer
The bankers discount on a certain sum due 2 years hence is $\dfrac{11}{10}$ of the true discount.The rate percent is:	Answer
The present worth of a certain sum due sometime hence is Rs. 3400 and the true discount is Rs. 340. The bankers gain is:	Answer
The present worth of a certain bill due sometime hence is Rs. 1296 and the true discount is Rs. 72. What is the bankers discount?	Answer
The bankers gain on a sum due 3 years hence at 12% per annum is Rs. 360. The bankers discount is:	Answer
The bankers discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:	Answer
The bankers gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:	Answer

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