Find the banker’s gain, if the present worth of a certain amount is Rs.2400 an

Question

Find the banker’s gain, if the present worth of a certain amount is Rs.2400 and the true discount is Rs.120.

Options:

A . 5

B . 7

C . 6

D . 8

Answer: Option B

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Question 1. Find the rate percent if the banker’s gain on a certain sum due two and a half year hence is $$\frac{1}{5}$$ of the ba....a half year hence is $$\frac{1}{5}$$ of the banker’s discount.

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Question 3. What is the banker’s discount, if the true discount on a bill of Rs. 840 is Rs.105?....

Question 4. What rate present does a man get for his money when in discounting a bill due 10 months hence he deducts 10% of the amou....he deducts 10% of the amount of the bill ?

Question 5. The B.D. and T.D. on a certain sum is Rs. 200 and Rs. 100 respectively. Find out the sum.....

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Question 7. The banker's gain of a certain sum due 3 years hence at 10% per annum is Rs. 36. What is the present worth ?....

Question 8. The bankers discount and the true discount of a sum at 10% per annum simple interest for the same time are Rs. 100 and R....Rs. 80 respectively. What is the sum and the time?

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