11.The present worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The banker's gain is : A) Rs. 20 B) Rs. 24 C) Rs.16 D) Rs.12 View Answer Report DiscussAnswer: Option CExplanation:
12.The present worth of a certain bill due sometime hence is Rs. 800 and the true discount is Rs. 36. The banker's discount is : A) Rs. 37 B) Rs. 37.62 C) Rs. 34.38 D) Rs. 38.98 View Answer Report DiscussAnswer: Option BExplanation:
13.The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is : A) Rs. 60 B) Rs. 108 C) Rs. 110 D) Rs.112 View Answer Report DiscussAnswer: Option BExplanation: