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The true discount on a bill of Rs. 1860 due after 8 months is Rs. 60. Find the rate, the banker's discount and the banker's gain.

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Knowledge Check

  • The true discount on a bill of Rs. 1860 due after 8 months is Rs. 60. Find the banker's gain-----

    A
    Rs.1.5
    B
    Rs.2.5
    C
    Rs.4
    D
    Rs.2

  • The true discount on a bill of Rs. 1860 due after 8 months is Rs. 60. Find the banker's discount -----

    A
    Rs.62
    B
    Rs.52
    C
    Rs. 60
    D
    None of these

  • The true discount on a bill of Rs.3720 due after 4 months is Rs. 120. Find the banker's discount -----

    A
    Rs. 122
    B
    Rs. 134
    C
    Rs.124
    D
    None of these

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

    The true discount at a bill of X 7440 due 16 months, hence is X 240. Find the banker's gain.

    The banker's discount on Rs.1650 due a certain time hence is Rs. 165. Find the true discount and the banker's gain-----

    The true discount on Rs. 1,860 due after a certain time at 5% is Rs. 60. Find the time after which it is due.

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