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  • Question

  • 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

  • Correct Answer
  • 4 months 

    Explanation

    S.I on Rs 1800 = T.D on Rs 1872

    P.W of Rs 1872 is Rs 1800

    Rs 72 is S.I on Rs 1800 at 12%

    Time = (100 * 72)/(12 * 1800)

    = 1/3 years = 4 months

    • Banker's Discount problems

    Search Results

    • 1. 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
      • Discuss
    • 2. 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
    • 3. 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
    • 4. 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
    • 5. 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
    • 6. 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
    • 7. 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
    • 8. 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
    • 9. 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
    • 10. A boat sails 15 km of a river towards upstream in 5 hours. How long will it take to cover the same distance downstream, if the speed of current is one-fourth the speed of the boat in still water:

    • Options
    • A. 1.8h
    • B. 3h
    • C. 4h
    • D. 5h
      • Discuss

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