The banker's discount on a certain sum due 2 years hence is 11/10 of t – McqOptions

MCQOPTIONS

1.	The banker's discount on a certain sum due 2 years hence is 11/10 of the true discount. The rate percent is:%!
A.	11%
B.	10%
C.	5%
D.	5.5%
Answer» D. 5.5%

Discussion

No Comment Found

Related MCQs

The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is:
The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:
The banker's discount on a sum of money for 3/2 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:
The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is
The banker's discount on a certain sum due 2 years hence is 11/10 of the true discount. The rate percent is:%!
The banker's discount on a certain sum due 2 years hence is 11/10 of the true discount. The rate percent is:%!
The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:%!
The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is:%!
The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is:%!
*$_The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is:?