Banker's Discount Questions

• The banker's gain on a bill due 1 year 4 months hence at 7 1/ 2% per annum simple interest is Rs. 16. Find the sum?
• The banker's gain on a bill due 1 year hence at 10% per annum is Rs. 20. What is the true discount?
• The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 360. The banker's discount is:
• The true discount on Rs. 2,562 due 4 months hence is Rs. 122. The rate percent is?
• Find the present worth of Rs. 9300, due 3 years hence at 8% per annum. Also find the discount?
• The present worth of Rs. 702 due in two equal half-yearly installments at 8% per annum calculated at simple interest is Rs.
• The present worth of a certain bill due sometime hence is Rs. 1600 and true discount on the bill is Rs. 160. Find the banker's discount and the extra gain the gain banker would make in the transaction?
• The holder of a bill for Rs. 17850 nominally due on 21st May, 1991 received Rs. 357 less than the amount of the bill by having it discounted at 5%. When was it discounted?
• A bill is discounted at 5% per annum. If banker's discount be allowed, at what rate per cent must the proceeds be invested, so that nothing may be lost?
• A bill for ₹ 10200 is drawn on July 14 at 5 months. It is discounted on 5th October at 10%. Find the banker's discount, true discount. banker's gain and the money that the holder of the bill receives?
• The banker's discount on a certain sum due 4 yr, hence is 11/10 of the true discount. Find the rate per cent per annum.
• The present worth of a bill due sometime hence is Rs. 1100 and the true discount on the bill is Rs. 110. Find the banker's discount and the extra gain the banker would make in the transaction?
• The banker's discount on a certain amount due 2 years hence is 11/10 of the true discount. What is the rate percent?
• What is the banker's discount if the true discount on a bill of Rs. 540 is Rs. 90?
• 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 gain of a certain sum due 3 years hence at 10 % per annum is Rs. 36. What is the present worth (PW)?
• The banker's gain on a certain sum due 2.5 years hence is 9/25 times of the banker's discount. What is the rate percent?
• A bill is discounted at 10 % per annum. If banker's discount is allowed, at what rate % should the proceeds be invested so that nothing will be lost?
• A banker paid Rs. 5767.20 for a bill of Rs. 5840, drawn of April 4 at 6 months. If the rate of interest was 7 %, what was the day on which the bill was discounted?
• Shankara buys a watch for Rs. 1,950 in cash and sells it for Rs. 2,200 at a credit of 1 year. If the rate of interest is 10% per annum, he _____ :