The bankers gain on a bill due 1 year hence at 10% per annum is Rs. 20. What is the true discount?
$TD =\dfrac{BG \times 100}{TR}$
$= \dfrac{20 \times 100}{1 \times 10}= Rs.200$
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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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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 |
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A bill falls due in 1 year. The creditor agrees to accept |
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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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