The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:

Keep practicing — related questions

• A bill of Rs. 10,000 was discounted from the banker at Rs. 9,950. The bill was dishonoured on the due date....
• The true discount on a bill due by 6 months at 12% per annum is Rs. 189. Find the amount of the bill.
• A bill of Rs. 12, 000 was discounted by A with the banker for Rs. 11, 880. At maturity, the bill returned d...
• How many of the following numbers are divisible by 132 ?264, 396, 462, 792, 968, 2178, 5184, 6336
• How many of the following numbers are divisible by 132 ?264, 396, 462, 792, 968, 2178, 5184, 6336
• An accurate clock shows 8 o'clock in the morning. Through how may degrees will the hour hand rotate when th...
• It was Sunday on Jan 1, 2006. What was the day of the week Jan 1, 2010?
• Other things held constant, the value of an option depends on the stock's price, the risk-free rate, and the