a bill for rs. 6000 is drawn on july 14 at 5 months. it is discounted on 5th o

Question

a bill for rs. 6000 is drawn on july 14 at 5 months. it is discounted on 5th october at 10%. find the banker's gain.

Options:

A . 2.36

B . 2.40

C . 2.45

D . 2.50

Answer: Option A
Explanation :

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Question 1. the bankers discount and the true discount of a sum at 10% per annum simple interest for the same time are rs.100 and ....and rs.80 respectively. what is the sum and the time?

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Question 4. the bankers discount and the true discount of a sum at 10% per annum simple interest for the same time are rs.100 and ....and rs.80 respectively. what is the sum and the time?

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Question 6. a bill for rs. 6000 is drawn on july 14 at 5 months. it is discounted on 5th october at 10%. find the banker's gain.....

Question 7. what rate percent does a man get for his money when in discounting a bill due 10 months hence, he deducts 10% of the a....hence, he deducts 10% of the amount of the bill?

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