Question

A bill tor & 12750 drawn on may. 27 bor
four months was due, on July 19th at 4.6. Pra
bind > Bankers du 21 true discount 3 3
Bankers gain hy how much the holders of bill
receive​

Answer 1

Answer:

Step-by-step explanation:

FV=PW+ Int on PW for 4 months @ 5% p.a.

36600=PW+PW×

12

4

​

×

100

5

​

36600=PW+

60

PW

​

PW=

61

36600×60

​

PW=Rs.36,000

TD= Int on PW for 4 months @ 5% p.a.

TD=36000×

12

4

​

×

100

5

​

TD=Rs.600

BD= Int on FV for 4 months @ 5% p.a.

BD=36600×

12

4

​

×

100

5

​

BD=Rs.610

BG=BD−TD

BG=610−600

BG=Rs.10

Hence, this is the answer.