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प्रश्न
Fill in the Blank.
An _______ is an agent who sells the goods by auction.
उत्तर
An Auctioneer is an agent who sells the goods by auction.
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संबंधित प्रश्न
20 copies of a book can be purchased for a certain sum payable at the end of 6 months and 21 copies for the same sum in ready cash. Find the rate of interest.
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 of ₹ 6,395 drawn on 19th January 2015 for 8 months was discounted on 28th February 2015 at 8% p.a. interest. What is the banker’s discount? What is the cash value of the bill?
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.
Choose the correct alternative.
P is the abbreviation of
Banker’s gain is simple interest on ______.
Trade discount is allowed on the _______ price.
The banker’s discount is always _______ than the true discount.
State whether the following statement is True or False.
Trade discount is allowed on catalogue price.
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.
A bill is drawn for ₹ 7,000 on 3rd May for 3 months and is discounted on 25th May at 5.5%. Find the present worth.
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.
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:
If only one discount is given then List price = Invoice price
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 bill of ₹ 8,000 drawn on 5th January 2019 for 8 months was discounted for ₹ 7,680 on a certain date. Find the date on which it was discounted at 10% p.a.
Solution: Banker’s Discount
B.D.= F.V. − C.V. = 8,000 −7,680 = ₹ 320
Date of drawing = 5th January 2019
Period = 8 months
Nominal due date = `square`
Legal due date = `square`
B.D. = Interest on F.V. for n at 10% p.a.
∴ B.D. = `("F.V." xx "n"/365 xx "r")/100`
∴ 320 = `(8000 xx "n"/365 xx 10)/100`
∴ n = `square` days
April | May | June | July | Aug | Sep | Total |
15 | 31 | 30 | 31 | 31 | `square` | `square` |
∴ Date of discounting is `square`
The banker’s discount is also called true discount.