Vishwanath
Tuesday, February 19, 2013
7. The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is
A. Rs. 480 B. Rs. 520
C. Rs. 600 D. Rs. 960
Answer:
T.D = (B.G x 100/Rate x Time)
= Rs.(24x100 / 10x 2)
= Rs.120.
P.W = (100 x T.D/Rate x Time)
= Rs.(100x120 / 10x 2)
= Rs.600.
Title : Bankers Discount Q7
Description : 7. The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is A. Rs. 480 B. R...
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