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Banker’s Discount

Banker’s Discount: Formulas, Shortcuts and Solved Examples

A banker’s discount is the cut a bank takes when it buys a bill before the…
The banker’s discount and the true discount on a sum of money due 12 months hence are Rs 225 and Rs 180 respectively. Find the sum.
Banker’s gain can also be described as simple interest on which quantity?
What are the extra days added to the nominal due date of a bill to get its legally due date, in these problems?
What is the correct formula relating banker’s gain, true discount, and present worth?
What is the correct formula for banker’s gain (B.G.)?
Banker’s discount is defined as simple interest on which value, for the unexpired time?
A bill of Rs 4200 is discounted 3 months before it is due, at 10% per annum. How much money does the holder of the bill receive?
A bill of Rs 3900 is discounted 4 months before it is due, at 8% per annum. How much money does the holder of the bill receive?
A bill of Rs 9300 is discounted 9 months before it is due, at 4% per annum. How much money does the holder of the bill receive?
A bill of Rs 10500 is discounted 9 months before it is due, at 20% per annum. How much money does the holder of the bill receive?
A bill of Rs 19100 is discounted 6 months before it is due, at 16% per annum. How much money does the holder of the bill receive?
A bill of Rs 5800 is discounted 12 months before it is due, at 10% per annum. How much money does the holder of the bill receive?
A bill of Rs 3100 is discounted 3 months before it is due, at 8% per annum. How much money does the holder of the bill receive?
A bill of Rs 5000 is discounted 9 months before it is due, at 16% per annum. How much money does the holder of the bill receive?
A bill of Rs 1500 is discounted 12 months before it is due, at 12% per annum. How much money does the holder of the bill receive?
A bill of Rs 2500 is discounted 12 months before it is due, at 6% per annum. How much money does the holder of the bill receive?
The present worth of a bill due sometime hence is Rs 7200, and the true discount on the bill is Rs 1200. Find the banker’s gain.
The present worth of a bill due sometime hence is Rs 3100, and the true discount on the bill is Rs 310. Find the banker’s discount.
The present worth of a bill due sometime hence is Rs 2700, and the true discount on the bill is Rs 360. Find the banker’s discount.
The present worth of a bill due sometime hence is Rs 3000, and the true discount on the bill is Rs 300. Find the banker’s gain.
The present worth of a bill due sometime hence is Rs 800, and the true discount on the bill is Rs 80. Find the banker’s gain.
The present worth of a bill due sometime hence is Rs 7300, and the true discount on the bill is Rs 730. Find the banker’s gain.
The present worth of a bill due sometime hence is Rs 6750, and the true discount on the bill is Rs 450. Find the banker’s gain.
The present worth of a bill due sometime hence is Rs 4100, and the true discount on the bill is Rs 410. Find the banker’s gain.

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