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Maths Puzzle
The banker's discount on a sum of money for 1 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:
A. 10% B. 13%
C. 12% D. 15%
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self Other Question
The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:
A. Rs. 480 B. Rs. 520
C. Rs. 600 D. Rs. 960
The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is:
A. Rs. 960 B. Rs. 840
C. Rs. 1020 D. Rs. 760