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Find the True Discount, Banker'S Discount and Banker'S Gain on a Bill of Rs. 36,600 Due 4 Months Hence at 5% P.A. - Mathematics and Statistics

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प्रश्न

Find the true discount, banker's discount and banker's gain on a bill of Rs. 36,600 due 4 months hence at 5% p.a.

योग
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उत्तर

S.D. = Rs. 36,600

n = 4 months = `1/3` year
`B.D. = [ S.D. xx n xx r ]/[ 100 ]`

        = `[ 36600 xx 1/3 xx 5 ]/[ 100 ]`

        = Rs. 610
Let T.D. = x ( in Rs. )
B.D. = T.D. + interest on T.D.
       = `x + x xx 1/3 xx 5/100`

       = `36600 xx 1/3 xx 5/100`

       = `x + x/60`
610 = `61/60`x

x = Rs. 600
i.e; T.D. = Rs. 600

Banker's Gain = Banker's Discount - True Discount
B.G. = 610 - 600
B.G. = Rs. 10

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2015-2016 (March)

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