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State whether the following statement is True or False: The sum due is also called as Cash value - Mathematics and Statistics

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प्रश्न

State whether the following statement is True or False: 

The sum due is also called as Cash value

विकल्प

  • True

  • False

MCQ
सत्य या असत्य

उत्तर

False

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2.1: Commission, Brokerage and Discount - Q.3

संबंधित प्रश्न

Swatantra Distributors allows 15% discount on the list price of washing machine. Further 5% discount is given for cash payment. Find the list price of the washing machine if it was sold for the net amount of ₹ 38,356.25.


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.


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.


A bill of ₹ 51,000 was drawn on 18th February 2010 for 9 months. It was encashed on 28th June 2010 at 5% p.a. Calculate the banker’s gain and true discount. 


The sum due is also called as ______.


When only one discount is given, then ______


The difference between the banker’s discount and the true discount is called _______.


The date by which the buyer is legally allowed to pay the amount is known as _______.


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.


State whether the following statement is True or False.

The bankers discount is also called as commercial discount.


State whether the following statement is True or False.

In general cash discount is more than trade discount.


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


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.


A manufacturer makes clear profit of 30% on cost after allowing 35% discount. If the cost of production rises by 20%, by what percentage should he reduce the rate of discount so as to make the same rate of profit keeping his list prices unaltered.


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


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.


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. What is the legal due date


A wholesaler allows a 25% trade discount and a 5% cash discount. The net price of an article marked at ₹ 1,600 is ______.


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