$A$ bill for $Rs. 8000$ is drawn on September $19$ for $6$ months. It is discounted on January $8$ at $10\%$. Find the banker's discount,true discount,banker's gain,and the money that the holder of the bill receives (in $Rs.$).
Competitive Exam
Discount (True and Banker’s) question bank (Quantitative Aptitude)
Practice 123 free Competitive Exam Quantitative Aptitude - Discount (True and Banker’s) questions with answers and step-by-step solutions.
Q1.
Verified Answer & Solution Locked
Sign in to your free student account to reveal verified answers, instant hints, and detailed explanations.
Q2.
The difference between the simple interest and the true discount on a certain sum of money for $2$ years at $15 \%$ per annum at simple interest is $Rs. 45$. Find the sum (in $Rs.$).
Show answer & solution
Verified Answer & Solution Locked
Sign in to your free student account to reveal verified answers, instant hints, and detailed explanations.
Protected Questions
Unlock All 10 Questions in Discount (True and Banker’s)
Log in or sign up free to access every question with complete solutions, create chapter practice tests, and track your performance.
Sign up free to access all 10 questions
Unlock every Discount (True and Banker’s) question, generate papers, and practice at your own pace.