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- Banker's Discount
6.
The banker’s discount on Rs. 1600 at 15% per annum is the same as true discount on Rs. 1680 for the same time and the same rate. The time is:
- A.3 months
- C.6 months
- B.4 months
- D.8 months
- Answer & Explanation
- Report
Answer : [B]
Explanation :
Explanation :
| S.I. on Rs. 1600 = T.D. on Rs. 1680 | |||||||||||||||
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7.
The banker’s gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is
- A.Rs. 480
- C.Rs. 600
- B.Rs. 520
- D.Rs. 960
- Answer & Explanation
- Report
Answer : [C]
Explanation :
Explanation :
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8.
The present worth of a certain bill due sometime hence is Rs. 800 and the true discount is Rs. 63. The bankers's discount is:
- A.Rs. 37
- C.Rs. 34.38
- B.Rs. 37.62
- D.Rs. 38.98
- Answer & Explanation
- Report
Answer : [B]
Explanation :
Explanation :
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9.
If the banker's discount on Rs. 1800 at 12% per annum is equal to the true discount on Rs. 1872 for the same time and at the same rate, then time is
- A.3 months
- C.7 months
- B.4 months
- D.9 months
- Answer & Explanation
- Report
Answer : [B]
Explanation :
Explanation :
| S.I. on Rs. 1800 = T.D. on Rs. 1872 | ||||||||||
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10.
The present worth of a certain bill due some times hence is Rs. 800 and the true discount is Rs. 36. The banker's discount is
- A.Rs. 37
- C.Rs. 34.38
- B.Rs. 37.62
- D.Rs. 38.98
- Answer & Explanation
- Report
Answer : [B]
Explanation :
Explanation :
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