Vishwanath
Tuesday, February 19, 2013
3. 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 banker’s gain?
A. Rs. 111 B. Rs. 120
C. Rs. 121 D. Rs. 125
Answer:
T.D = √P.W x B.G
B.G = (T.D)² / P.W
= Rs(110x110/1100)
= Rs.11.
B.D = (T.D + B.G)
= Rs(110+11)
= Rs.121.
Title : Bankers Discount Q3
Description : 3. 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...
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