The banker's gain on a certain sum due $$1\frac{1}{2}$$ years hence is – McqOptions

MCQOPTIONS

1.	The banker's gain on a certain sum due $$1\frac{1}{2}$$ years hence is $$\frac{3}{{25}}$$ of the banker's discount. The rate percent is:
A.	$5\frac{1}{5}$$ %
B.	$9\frac{1}{{9}}$$ %
C.	$8\frac{1}{8}$$ %
D.	$6\frac{1}{6}$$ %
Answer» C. $8\frac{1}{8}$$ %

Discussion

No Comment Found

Related MCQs

The present worth of a certain bill due sometime hence is Rs. 1296 and the true discount is Rs. 72. What is the banker's discount?
The banker's discount on a sum of money for $$1\frac{1}{2}$$ years is Rs. 120. The true discount on the same sum for 2 years is Rs. 150. What is the rate per cent?
The true discount on a certain sum due 6 months hence at 15% is Rs. 240. What is the banker's discount on the same sum for the same time at the same rate?
The true discount on a bill for Rs. 2520 due 6 months hence at 10% per annum is
The present worth of a certain bill due sometime hence is Rs. 400 and the true discount is Rs. 20. What is the banker's discount?
The banker's discount and the true discount on a sum of money due 8 months hence are Rs. 120 and Rs. 110 respectively. Find the rate percent.
The present worth of a sum due sometimes hence is Rs.5760 and the baker's gain is Rs.10. What is the true discount?
The banker's discount on a sum of money for 3 years is Rs. 1116. The true discount on the same sum for 4 years is Rs. 1200. What is the rate per cent?
The Banker Gain on a certain sum 4 years hence at 5% is Rs. 200. What is the present worth?
The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 360. The banker's discount is: