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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

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. - Mathematics and Statistics

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प्रश्न

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.

बेरीज

उत्तर

Given, S.D. = ₹ 4,240,

n = `6/12 = 1/2` years, r = 9% p.a.

Since, B.D. = `("S.D." xx "n" xx "r")/100`

∴ B.D. = `(4,240 xx 1/2 xx 9)/100`

`= (4,240 xx 9)/(100 xx2)`

∴ B.D. = ₹ 190.80

Let true discount be ₹ x

Now, B.D. = T.D. + Interest on T.D. for `1/2` year at 9% p.a.

∴ 190.80 = `x + (x xx 1/2 xx 9/100)`

∴ `190.80 = x + (9x)/200`

∴ `190.80 = (209 x)/200`

∴ x = `(190.80 xx 200)/209`

∴ x = ₹ 182.58

∴ T.D. = ₹ 182.58 ≈ ₹ 182.60

Also, B.G. = B.D. – T.D. = 190.8 – 182.58

∴ B.G. = ₹ 8.22 ≈ ₹ 8.20

∴ True discount, banker’s discount and banker’s gain are ₹ 182.60, ₹ 190.80 and ₹ 8.20 respectively.

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पाठ 1: Commission, Brokerage and Discount - Exercise 1.2 [पृष्ठ ११]

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बालभारती Mathematics and Statistics 2 (Commerce) [English] 12 Standard HSC Maharashtra State Board
पाठ 1 Commission, Brokerage and Discount
Exercise 1.2 | Q 6 | पृष्ठ ११

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?


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.


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.


The sum due is also called as ______.


The marked price is also called as _____________.


Trade discount is allowed on the _______ price.


Fill in the Blanks.

If buyer is allowed both trade and cash discounts, _______ discount is first calculated on _______ 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.


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


State whether the following statement is True or False.

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


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?


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 ______


The date on which the bill is drawn is called as ______


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 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`


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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