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The bankers discount and the true discou...

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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The true discount at a bill of ? 3720 due 8 months hence is X 120. Find the banker's gain.

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Knowledge Check

  • The banker's discount and the true discount on a sum of money due 8 months hence are Rs. 52 and Rs. 50 respectively. Find the sum and the rate per cent -----

    A
    Rs. 1300 , `6%`
    B
    Rs. 1200 , `5%`
    C
    Rs. 1500, `8%`
    D
    None of these

  • The true discount on a sum of money due 2 years hence at 5% is Rs. 15. Find the sum.

    A
    Rs. 150
    B
    Rs. 165
    C
    Rs. 170
    D
    Rs. 160

  • The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 25 and Rs. 20 respectively. The sum is-

    A
    Rs. 500
    B
    Rs. 200
    C
    Rs. 250
    D
    Rs. 100

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    Find the sum due, if the true discount on a sum due 2 yr hence at 7% be X672.

    The true discount on Rs. 2575 due 4 months hence is Rs. 75. The rate per cent is-

    The banker's discount on a bill due 1 year 8 months hence is Rs. 50 and the true discount on the same sum at the same rate per cent is Rs.45 .The rate per cent is -----

    The true discount on Rs. 1860 due 3 years hence is Rs. 60. Find the rate per cent-

    The true discount on Rs. 340 due 5 years hence is Rs. 40. Find the rate per cent-

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