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प्रश्न
The date by which the buyer is legally allowed to pay the amount is known as _______.
उत्तर
The date by which the buyer is legally allowed to pay the amount is known as legal due date.
संबंधित प्रश्न
What is the present worth of a sum of ₹ 10,920 due six months hence at 8% p.a. simple 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.
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.
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.
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 ______.
Fill in the Blank.
A person who draws the bill is called _______.
Fill in the Blank.
The banker’s discount is also called _______.
Fill in the Blanks.
If buyer is allowed both trade and cash discounts, _______ discount is first calculated on _______ price.
_______ = List price (catalogue Price) – Trade Discount.
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.
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 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 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 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 ₹ 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?
Choose the correct alternative:
The date on which the period of the bill expires is called ______
The date on which the bill is drawn is called as ______
State whether the following statement is True or False:
The sum due is also called as Cash value
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
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.
