Banker's Discount Practice Test 1

Question : 11 of 40

Marks: +1, -0

If the rate per cent and time for the bill are numerically equal and also the true discount is 36 times the banker’s gain, find the rate per cent.

Solution:

10√{1/x}=10√{1/36}

=10/6=1.6%

Go to Question:

Prev Question

Next Question