MEDIUM
CISF Head Constable
IMPORTANT
Earn 100

The true discount on a certain sum of money for 2 years is 3/4 the banker’s discount. The rate of interest is:
(a) 15%
(b) 16.67%
(c) 20%
(d)20.33%

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Important Questions on Discount
HARD
CISF Head Constable
IMPORTANT
The True Discount on a bill is 5/6 of Banker's Discount and the rate is 4%. The time is:

HARD
CISF Head Constable
IMPORTANT
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?

HARD
CISF Head Constable
IMPORTANT
The True Discount on a bill due 1 year hence at 5% p.a. is Rs. 40. The amount is:

MEDIUM
CISF Head Constable
IMPORTANT
The interest on Rs. 5000 is equal to the true discount on Rs. 5050 at 4% p.a. The latter is due after:
