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  • Question
  • The B.G. on a sum due 3 years at 10 % is $ 180. The B.D. is :


  • Options
  • A. $ 680
  • B. $ 780
  • C. $ 580
  • D. $ 480

  • Correct Answer
  • $ 780 

    Explanation


  • Discount problems


    Search Results


    • 1. 
      A owes B $ 1350 due in 3 months and B owes A $ 1078 due 5 months. If they agrees to settle their account right now at 5 % p.a, A should pay to B :

    • Options
    • A. $ 277 1 3
    • B. $ 288.25
    • C. $ 302
    • D. None of these
    • Discuss
    • 2. 
      A bill is discounted at 5 % per annum. If banker's discount be allowed, at what rate of interest must the proceeds be invested, so that nothing is lost?

    • Options
    • A. 5%
    • B. 4 19 % 20
    • C. 5 5 % 9
    • D. 10%
    • Discuss
    • 3. 
      The discount on $ 5229 due in 1 year 9 months reckoning compound interest at 5 % is :

    • Options
    • A. $ 429.00
    • B. $ 415.00
    • C. $ 393.25
    • D. None of these
    • Discuss
    • 4. 
      Find the present worth ( P.W.) and the true discount reckoning 6 % per annum simple interest of $ 176 due in 20 months time.

    • Options
    • A. $ 160, $ 16
    • B. $ 130, $ 46
    • C. $ 150, $ 26
    • D. None of these
    • Discuss
    • 5. 
      A bill which being due at the end of 4 years is now worth $ 575, but if it is due in 2 years 6 months, it would now be worth $ 620. The sum of the bill is :

    • Options
    • A. $ 695
    • B. $ 725
    • C. $ 713
    • D. None of these
    • Discuss
    • 6. 
      The banker's gain on a certain sum due in 2 years at 5 % per annum is $ 8. The present worth is :

    • Options
    • A. $ 800
    • B. $ 1600
    • C. $ 1200
    • D. $ 880
    • Discuss
    • 7. 
      The B.G. on a certain sum due in 5 years is 3/23 of B.D. Here, the rate of interest is :

    • Options
    • A. 6%
    • B. 5%
    • C. 4%
    • D. 3%
    • Discuss
    • 8. 
      If the discount on $ 249 at 5 % S.I. be $ 9, when is the sum due?

    • Options
    • A. 6 months
    • B. 4 months
    • C. 9 months
    • D. 7 months
    • Discuss
    • 9. 
      What rate of interest does a man get for his money when in discounting a bill due in 10 months, he deducts 4 % of the amount of the bill?

    • Options
    • A. 5%
    • B. 6%
    • C. 8%
    • D. 4%
    • Discuss
    • 10. 
      What is the rate of interest when the P.W. of $ 1245 due in 15 months is $ 1200?

    • Options
    • A. 3%
    • B. 4%
    • C. 6%
    • D. 5%
    • Discuss


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