The bankers discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:
T.D =$ \frac{B.D\times100}{100\left(R\times T\right)}$
= Rs.$\left[\frac{420\times100}{100+\left(15\times1/3\right)}\right]$
=$\left[\frac{420\times100}{105}\right]$
= Rs. 400.
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The bankers gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is: |
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The present worth of a sum due sometime hence is Rs. 576 and the bankers gain is Rs. 16. The true discount is: |
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The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The bankers gain is: |
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The bankers gain on a bill due 1 year hence at 10% per annum is Rs. 20. What is the true discount? |
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The bankers gain on a sum due 3 years hence at 12% per annum is Rs. 270. The bankers discount is: |
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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. |
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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. |
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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% |
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