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Answer: Option C Explanation:
Let T.D. be Re. 1.
S.I. on Rs. 11 for 2 years is Rs. 1.10
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2. | The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is: |
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Answer: Option B Explanation: P.W. = Rs. (540 - 90) = Rs. 450. S.I. on Rs. 450 = Rs. 90.
B.D. = Rs. 108. |
3. | The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is: |
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Answer: Option D Explanation:
T.D. = √P.W. x B.G. = √576 x 16 = 96. |
4. |
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Answer: Option B Explanation:
Let, B.D = Re. 1.
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5. | The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is: |
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Answer: Option D Explanation:
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6. | 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: |
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Answer: Option B Explanation:
B.D. = (T.D. + B.G.) = Rs. (36 + 1.62) = Rs. 37.62 |
7. | 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: |
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Answer: Option C Explanation:
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8. | The banker's discount of a certain sum of money is Rs. 72 and the true discount on the same sum for the same time is Rs. 60. The sum due is: |
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Answer: Option A Explanation:
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