If the simple interest on a certain sum is due for some years at
6 % is
?180, and the discount at
5 % on the same amount is
?140. Find the sum and the time.
A man bought a motor-cycle for
?32500. He sold it for
?35000, allowing the buyer for a
6 months credit. If the money be worth
4 % per annum, the gain percent is :
The holder of a bill for
?17850 nominally due on
May 21, 1991 received
?357 less than the amount of the bill by having it discounted at
5 %. When was it discounted?
If
$ 10 be allowed as true discount on a bill of
$ 110 due at the end of certain time, then the discount allowed on the same amount due at the end of double the time is :