The banker’s gain on a certain sum due 2 1/2 years hence is 9/25 times of the banker’s discount. What is the rate percent?

🎲 Try a Random Question  |  Total Questions in Quiz: 55  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Banker's Discount — practice the complete quiz, review flashcards, or try a random question.


The banker’s gain on a certain sum due 2 1/2 years hence is 9/25 times of the banker’s discount. What is the rate percent?






ADVERTISEMENT