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1. The banker's gain on a certain sum due 1 1 years hence is 3 of the banker's 2 25 discount. The rate percent is:





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  • By: guest on 01 Jun 2017 05.44 pm
    Let, B.D = Re. 1. Then, B.G. = Re. 3 . 25 T.D. = (B.D. - B.G.) = Re. 1 - 3 = Re. 22 . 25 25 Sum = 1 x (22/25) = Rs. 22 . 1-(22/25) 3 S.I. on Rs. 22 for 1 1 years is Re. 1. 3 2 Rate = 100 x 1 % = 100 = 9 1 %. 11 11 22 x 3 3 2
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