The banker's discount of a certain sum of money is Rs. 72 and the true discount on the same sum for the same time is Rs. 60. The sum due is:
Answer: Option C
The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The banker's gain is:
Answer: Option E
The present worth of a certain bill due sometime hence is Rs. 800 and the true discount is Rs. 36. The banker's discount is:
Answer: Option A
B.D. = (T.D. + B.G.) = Rs. (36 + 1.62) = Rs. 37.62
The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:
discount. The rate percent is:
Answer: Option D
Let, B.D = Re. 1.
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