Advertisements
Advertisements
प्रश्न
The difference between the ______ and the true discount is called Banker’s Gain (B.G). It is equal to the interest on true discount
उत्तर
Banker’s Discount
APPEARS IN
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.
What is the present worth of a sum of ₹ 10,920 due six months hence at 8% p.a. simple interest?
What is sum due of ₹ 8,000 due 4 months hence at 12.5% simple interest?
A bill of ₹ 8,000 drawn on 5th January 1998 for 8 months was discounted for ₹ 7,680 on a certain date. Find the date on which it was discounted at 10% p.a.
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.
Fill in the Blank.
A person who draws the bill is called _______.
Fill in the Blank.
An _______ is an agent who sells the goods by auction.
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 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.
A bill of ₹ 4,800 was drawn on 9th March 2006 at 6 months and was discounted on 19th April 2006 for `6 1/4`% p.a. How much does the banker charge and how much does the holder receive?
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 ______
State whether the following statement is True or False:
The sum due is also called as Cash value
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?
A wholesaler allows a 25% trade discount and a 5% cash discount. The net price of an article marked at ₹ 1,600 is ______.
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.
The banker’s discount is also called true discount.
