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

The banker’s discount is also called true discount. - Mathematics and Statistics

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प्रश्न

The banker’s discount is also called true discount.

पर्याय

  • True

  • False

MCQ
चूक किंवा बरोबर

उत्तर

This statement is False.

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2022-2023 (March) Official

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?


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.


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 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.


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 ______.


When only one discount is given, then ______


Fill in the Blank.

A person who draws the bill is called _______.


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


Cash discount is allowed on list price.


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 bankers discount is also called as commercial 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.


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.


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 ______


Choose the correct alternative:

The marked price is also called as ______


The difference between the ______ and the true discount is called Banker’s Gain (B.G). It is equal to the interest on true discount


The date on which the bill is drawn is 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 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


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