If the true discount on a bill due after 1 year at 10% p.a. is Rs. 400, find the banker's gain.

Type: MCQ • Marks: 1

A. 44

B. 40

C. 50

D. 36

Explanation

Banker's gain=True discount×rate×time/100=400×10×1/100=Rs. 40.

Want to attempt the full test series with a timer and instant score? Purchase the package to unlock the complete test. Purchase Now

UP TGT Mathematics

This page is indexed for search so students can find questions directly from Google.

Welcome to TutorWale!