Saved Bookmarks
| 1. |
The banker's discount on Rs. 1800 at 12% per annum is equal to the true discount on Rs. 1872 for the same time at the same rate. Find the time. |
|
Answer» S.I. on Rs. 1800 = T.D. on Rs. 1872. P.W. of Rs. 1872 is Rs. 1800. Rs. 72 is S.I. on Rs. 1800 at 12%. Time =[(100 x 72)/ (12 x 1800)]year 1/3 year = 4 months. |
|