Easy Tutorial
For Competitive Exams

The bankers discount on Rs. 1650 due a certain time hence is Rs. 165. Find the true discount and the bankers gain.

Rs 15
Rs 16
Rs 14
None of these
Explanation:

Sum = [(B.D.xT.D.)/ (B.D.-T.D.)]
= [(B.D.xT.D.)/B.G.]
T.D./B.G. = Sum/ B.D.
=1650/165
=10/1
Thus, if B.G. is Re 1, T.D. = Rs. 10.
If B.D.is Rs. ll, T.D.=Rs. 10.
If B.D. is Rs. 165, T.D. = Rs. [(10/11)xl65]
=Rs.150
And, B.G. = Rs. (165 - 150) = Rs. 15.
Additional Questions

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

The present worth of a sum due sometime hence is Rs. 576 and the bankers gain is Rs. 16. The true discount is:

Answer

The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The bankers gain is:

Answer

The bankers gain on a bill due 1 year hence at 10% per annum is Rs. 20. What is the true discount?

Answer
Share with Friends
Privacy Copyright Contact Us