Home
Class 12
MATHS
A bill of Rs. 1,800 drawn on 10th Septem...

A bill of Rs. 1,800 drawn on 10th September, 2010 at 6 months was discounted for Rs. 1,782 at a bank. If the rate of interest was 5% per annum, on what date was the bill discounted ?

Text Solution

AI Generated Solution

Promotional Banner

Topper's Solved these Questions

Similar Questions

Explore conceptually related problems

A bill of 60,000rs was drawn on 1st April 2011 at 4 months and discounted for 58560rs at a bank. If the rate of interest was 12% per annum, on what date was the bill discounted ?

A bill of 60,000 payable 10 months after date was discounted for 57,300 on 30th June, 2007. If the rate of interest was 11 1/4% per annum, on what date was the bill drawn?

A bill off Rs 1,000 drawn on 7th May, 2011 for six months was discounted on 29th August, 2011 for cash payment of Rs 988. Find the rate of interest charged by the bank.

What will be the compound interest on Rs 4000 in two years when rate of interest is 5% per annum?

What sum will become Rs 9826 in 18 months if the rate of interest is 5/2 % per annum and the interest is compounded half-yearly?

Find the interest on Rs 1200 at 6% per annum for 146 days.

A bill for Rs. 7,650 was drawn on 8^(th) March, 2013, at 7 months. It was discounted on 18^(th) May, 2013 and the holder of the bill received Rs. 7,497. What is the rate of interest charged by the bank ?

What sum will amount to Rs 4913 in 18 months, if the rate of interest is 12 1/2 % per annum, compounded half-yearly?

Find the interest on rs 1600 at 6 % per annum for 146 days .