The present worth of a bill due sometime, hence is 2200 and true dis – McqOptions

MCQOPTIONS

1.	The present worth of a bill due sometime, hence is 2200 and true discount on the bill is 220. Find the banker's discount and banker's gain ?
A.	BG = 22 and BD = 242
B.	BG = 242 and BD = 22
C.	BG = 11 and BD = 121
D.	BG = 31 and BD = 343
Answer» B. BG = 242 and BD = 22

Discussion

No Comment Found

Related MCQs

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 present worth of a certain bill due sometime hence is Rs. 800 and the true discount is Rs. 36. 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 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:
The banker's discount on a sum of money for 1 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:
The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:
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 present worth of a certain bill due sometime hence is Rs. 800 and the true discount is Rs. 36. 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 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: