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प्रश्न
State whether the following statement is True or False.
The date on which the period of the bill expires is called the nominal due date.
विकल्प
True
False
उत्तर
True.
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संबंधित प्रश्न
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.
True discount on a bill is ₹ 2,200 and bankers discount is ₹ 2,310. If the bill is due 10 months, hence, find the rate of interest.
A bill drawn on 5th June for 6 months was discounted at the rate of 5% p.a. on 19th October. If the cash value of the bill is ₹ 43,500, find face value of the bill.
A bill was drawn on 14th April for ₹ 7,000 and was discounted on 6th July at 5% p.a. The Banker paid ₹ 6,930 for the bill. Find the period of the bill.
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 date by which the buyer is legally allowed to pay the amount is known as _______.
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 merchant buys some mixers at 15% discount on catalogue price. The catalogue price is ₹ 5,500 per piece of a mixer. The freight charges amount to `2 1/2` % on the catalogue price. The merchant sells each mixer at 5% discount on catalogue price. His net profit is ₹ 41,250. Find a number of mixers.
A trader offers 25% discount on the catalogue price of radio and yet makes 20% profit. If he gains ₹ 160 per radio, what must be the catalogue price of the radio?
The difference between the ______ and the true discount is called Banker’s Gain (B.G). It is equal to the interest on true discount
State whether the following statement is True or False:
A person can get both, trade discount and cash discount
A bill of ₹ 65,700 drawn on July 10 for 6 months was discounted for ₹ 65,160 at 5% p.a. on what day was the bill discounted?
The banker’s discount is also called true discount.
