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The banker's discount on a bill due 4 months hence at 15% is Rs.420. The true discount is?

A. 400

B. 360

C. 480

D. 320

Correct Answer :

A. 400


T.D=B.D×100100+R×T=Rs.420×100100+15×13=Rs.420×100105=Rs.400

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The banker's discount on a bill due 4 months hence at 15% is Rs.420. The true discount is?

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B. 360

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D. 320

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The banker's gain on a sum due 3 years hence at 12% per annum is Rs.270. The banker's discount is?

A. 960

B. 840

C. 1020

D. 760

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The present worth of a sum due sometime hence is Rs.576 and the banker's gain is Rs.16. The true discount is?

A. 36

B. 72

C. 48

D. 96

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The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs.24. The persent worth is?

A. 480

B. 520

C. 600

D. 960

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The gain on abill due 1 year hence at 12% per annum is Rs.6. The true discount is?

A. 72

B. 36

C. 54

D. 50

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The present worth of a certain sum due sometime hence is Rs.1600 and the true discount is Rs.160. The banker's gain is?

A. 20

B. 24

C. 16

D. 12

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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 at the same rate. The time is?

A. 3 months

B. 4 months

C. 6 months

D. 8 months

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The true discount on  a bill of Rs.540 is rs.90 . The banker's discount is?

A. 60

B. 108

C. 110

D. 112

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The present worth of a certain bill due sometime hence is Rs.800 and true discount is Rs.36. The banker's discount is?

A. 37

B. 37.62

C. 34.38

D. 38.98