The banker's gain on a certain sum due 11/2 years hence is 3/25 of the banker's discount. The rate percent is:

  • 151/5 %
  • 291/11 %
  • 381/8 %
  • 461/6 %
Answer:- 1
Explanation:-

Solution:
Let,B.D.=Re.1.Then,B.G.=Re.325.T.D. = (B.D. - B.G.)=Re.(1325)=Re.2225.Sum=(1×(22/25)1(22/25))=Rs.223.S.I.onRs.223for112yearsisRe.1.Rate=(100×1223×32)%=10011%=9111%

Post your Comments

Your comments will be displayed only after manual approval.

", "dateCreated": "7/24/2019 10:09:12 AM", "author": { "@type": "Person", "name": "Nitin Sir" } }, "suggestedAnswer": { "@type": "Answer", "text": "
Solution:
Let,B.D.=Re.1.Then,B.G.=Re.325.T.D. = (B.D. - B.G.)=Re.(1325)=Re.2225.Sum=(1×(22/25)1(22/25))=Rs.223.S.I.onRs.223for112yearsisRe.1.Rate=(100×1223×32)%=10011%=9111%
", "dateCreated": "7/24/2019 10:09:12 AM" } }
Test
Classes
E-Book