R. Gupta Solutions for Exercise 1: EXERCISE

If the present worth of a bill of Rs $660$ due $2$ years hence is Rs $600$, the rate per cent per annum is:

 The true discount on a sum of money due $1$ year is Rs $100$ and banker’s discount on the same sum and for the same time is Rs $104$. The sum is:

The true discount on a sum of money due $12$ months is Rs $200$ and banker’s discount on the same sum and for the same time is Rs $208$. The rate of interest is:

The true discount on a certain sum of money for $2$ years is $\frac{3}{4}$ the banker’s discount. The rate of interest is:

The T.D. on a bill is $\frac{5}{6}$ of B.D. and the rate is $4\%$. The time is:

A trader’s terms are $20\%$ discount for cash payment and interest is charged after one year. What rate of interest per annum does the customer get on his money for cash payment?

The T.D. on a bill due $1$ year hence at $5\%$ p.a. is $Rs.$$40$. The amount is:

The interest on Rs $5000$ is equal to the true discount on Rs $5050$ at $4\%$ p.a. The latter is due after: