The banker's discount on Rs. 1600 at 15% per annum is the same as true discount

Question

The banker's discount on Rs. 1600 at 15% per annum is the same as true discount on Rs. 1680 for the same time and at the same rate. The time is:

Options:

A . 3 months

B . 4 months

C . 6 months

D . 8 months

Answer: Option B

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More Questions on This Topic :

Question 1. The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is:....

Question 2. The banker's discount on a sum of money for $$1\frac{1}{2}$$ years is Rs. 558 and the true discount on the same sum for ....for 2 years is Rs. 600. The rate percent is:

Question 3. 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.....the same time is Rs. 60. The sum due is:

Question 4. The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The banker's gain is....the true discount is Rs. 160. The banker's gain is:

Question 5. The present worth of a certain bill due sometime hence is Rs. 800 and the true discount is Rs. 36. The banker's discount....the true discount is Rs. 36. The banker's discount is:

Question 6. The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:....

Question 7. The banker's gain on a certain sum due **Hidden Equation** of the banker's discount. The rate percent is:

Question 8. The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is:....

Question 9. The banker's discount on a certain sum due 2 years hence is **Hidden Equation** of the true discount. The rate percent is:

Question 10. The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:....

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