A bill for Rs.12750 was payable 60 days after sight. It was accepted om 4 March 1990and discounted on 25 March 1990. What was the discounted value of the bill if the rate of interest was 3 ¹/2 % per annum ?

If a banker's gain is ¹/25 of the true discount and the bill is due after 3 months. Calculate the rate of interest.

The trade discount on a bill of Rs. 660 is Rs. 110. The rate of interest is 4 per cent. In how much time will the bill the due?

A dealer buys an old scooter listed at Rs 2600 and gets successive discount of 5% and 10%. He spends some amount on its repairs and sells of it for rs 2750, there by gaining 10 %. Find the amount spent by the dealer on repairs.

A bill of exchange for Rs.846.50 at 4 months after sight was drawn on 12 January 1992 and accepted at 3 ¹/2 % on 8 February 1992. Find the banker's discount and the discounted value of the bill.