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State whether the following statement is True or False. The bankers discount is also called as commercial discount. - Mathematics and Statistics

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प्रश्न

State whether the following statement is True or False.

The bankers discount is also called as commercial discount.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य

उत्तर

True.

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Commission, Brokerage and Discount - Miscellaneous Exercise 1 [पृष्ठ १२]

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बालभारती Mathematics and Statistics 2 (Commerce) [English] 12 Standard HSC Maharashtra State Board
अध्याय 1 Commission, Brokerage and Discount
Miscellaneous Exercise 1 | Q 3.08 | पृष्ठ १२

संबंधित प्रश्न

A whole seller allows 25% trade discount and 5% cash discount. What will be the net price of an article marked at ₹ 1,600?


What is sum due of ₹ 8,000 due 4 months hence at 12.5% simple interest?


True discount on the sum due 8 months hence at 12% p.a. is ₹ 560. Find the sum due and present worth of the bill.


The true discount on a sum is `3/8` of the sum due at 12% p.a. Find the period of the bill.


Find the true discount, banker’s discount and banker’s gain on a bill of ₹ 4,240 due 6 months hence at 9% p.a.


If difference between true discount and banker’s discount on a sum due 4 months hence is ₹ 20. Find true discount, banker’s discount and amount of bill, the rate of simple interest charged being 5%p.a.


Banker’s gain is simple interest on ______.


The difference between face value and present worth is called ______.


Fill in the Blank.

An _______ is an agent who sells the goods by auction.


_______ = List price (catalogue Price) – Trade Discount.


State whether the following statement is True or False.

A person can get both, trade discount and cash discount.


An article is marked at ₹ 800, a trader allows a discount of 2.5% and gains 20% on the cost. Find the cost price of the article.


A bill was drawn on 14th April 2005 for ₹ 3,500 and was discounted on 6th July 2005 at 5% per annum. The banker paid ₹ 3,465 for the bill. Find the period of the bill. 


The difference between true discount and banker’s discount on 6 months hence at 4% p.a. is ₹ 80. Find the true discount, banker’s discount and amount of the bill.


Choose the correct alternative:

If A bill of ₹ 6,395 drawn on 15th February 2015 for 10 months was discounted on 28th May 2015 at 8% p.a. interest, then legal due date is ______


Choose the correct alternative:

The marked price is also called as ______


State whether the following statement is True or False: 

A person can get both, trade discount and cash discount


The difference between true discount and banker's discount on a bill due 6 months hence at 4% is ₹ 160. Calculate true discount, banker's discount and amount of bill.


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