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What is the correct answer?

4

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

Correct Answer :

C. 16


B.G=T.D2P.W=Rs.160×1601600=Rs.16

Related Questions

What is the correct answer?

4

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

What is the correct answer?

4

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

What is the correct answer?

4

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

What is the correct answer?

4

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

What is the correct answer?

4

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

What is the correct answer?

4

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

What is the correct answer?

4

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

What is the correct answer?

4

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

What is the correct answer?

4

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