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  • Question

  • The banker's discount of a certain sum of money is Rs. 72 and the true discount on the same sum for the same time is Rs. 60. The sum due is:


  • Options
  • A. 290
  • B. 480
  • C. 360
  • D. 420

  • Correct Answer
  • 360 

    Explanation

    Sum =(B.D. x T.D.)/(B.D. - T.D.)

           = Rs. (72 x 60) / (72 - 60)

           = Rs. (72 x 60) /12

           = Rs. 360.

    • Banker's Discount problems

    Search Results

    • 1. Two consecutive discounts x% and y% is equivalent to the discount

    • Options
    • A. (x-y+xy100)%
    • B. (x+y+xy100)%
    • C. (x-y-xy100)%
    • D. (x+y-xy100)%
      • Discuss
    • 2. What is the difference between the banker's discount and the true discount on Rs.8100 for 3 months at 5%

    • Options
    • A. Rs. 2
    • B. Rs. 1.25
    • C. Rs. 2.25
    • D. Rs. 0.5
      • Discuss
    • 3. The banker's discount on a bill due 6 months hence at 6% is Rs. 18.54. What is the true discount?

    • Options
    • A. Rs. 24
    • B. Rs. 12
    • C. Rs. 36
    • D. Rs. 18
      • Discuss
    • 4. The true discount on a bill of Rs. 2160 is Rs. 360. What is the banker's discount?

    • Options
    • A. Rs. 432
    • B. Rs. 422
    • C. Rs. 412
    • D. Rs. 442
      • Discuss
    • 5. If the true discount on a certain sum due 6 months hence at 15% is Rs 120.What is the bankers discount on the same for same time and the same rate.

    • Options
    • A. Rs.109
    • B. Rs.119
    • C. Rs.129
    • D. Rs.139
      • Discuss
    • 6. The bankers discount on Rs 1800 at 12 % per annum is equal to the true discount on Rs 1872 for the same time at the same rate .Find the time.

    • Options
    • A. 4 months
    • B. 5 months
    • C. 6 months
    • D. 3 months
      • Discuss
    • 7. The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is:

    • Options
    • A. 78
    • B. 96
    • C. 105
    • D. 85
      • Discuss
    • 8. The present worth of a certain sum due sometime hence is Rs. 3400 and the true discount is Rs. 340. The banker's gain is:

    • Options
    • A. Rs. 21
    • B. Rs. 17
    • C. Rs. 18
    • D. Rs. 34
      • Discuss
    • 9. What is the present worth of a bill of Rs.1764 due 2 years hence at 5% compound interest is

    • Options
    • A. Rs. 1600
    • B. Rs. 1200
    • C. Rs. 1800
    • D. Rs. 1400
      • Discuss
    • 10. The B.D. and T.D. on a certain sum is Rs.200 and Rs.100 respectively. Find out the sum.

    • Options
    • A. Rs. 400
    • B. Rs. 300
    • C. Rs. 100
    • D. Rs. 200
      • Discuss

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