The banker's gain on a sum due $2$ years hence at $10 \%$ p.a. is $Rs. 120$. The banker's discount is (in $Rs.$)

  • A
    $240$
  • B
    $360$
  • C
    $540$
  • D
    $720$

Explore More

Similar Questions

The present worth of a certain sum due sometime hence is $Rs. 1700$ and the true discount is $Rs. 170$. The banker's gain is (in $Rs.$)

Find the present worth $(P.W.)$ and the true discount $(T.D.)$ reckoning $6 \%$ per annum simple interest of $Rs. 176$ due in $20 \text{ months}$ time. (in $Rs.$)

The present worth of $Rs. 920$ due at the end of $3$ years at $5\%$ simple interest per annum is (in $Rs.$)

The $B.G.$ (Banker's Gain) on a sum due $3 \text{ years}$ at $10 \%$ per annum is $Rs. 180$. The $B.D.$ (Banker's Discount) is (in $Rs.$):

$A$ has to pay $Rs. 220$ to $B$ after $1$ year. $B$ asks $A$ to pay $Rs. 110$ in cash and defers the payment of the remaining $Rs. 110$ for $2$ years. $A$ agrees to it. Counting the rate of interest at $10\%$ per annum in this new mode of payment,which of the following is true?

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial
For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free
For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo