Question

3. A bill of Rs. 3,225 was drawn on3rd February 1965 at 6 months due dateand discounted on 13th march 1965 atthe rate of 8% per annum. For whatsum was the bill dicounted and howmuch did the banker gain in this?​

Answer 1

Answer:

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Answer 2

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The answer is Rs. 50

Solution:-

True discount = (B.G. x 100)/

R x T

                      = Rs.

( 6 x 100) /12 x 1

                      = Rs. 50.