This financial statement is often presented as the statement of shareholders' equity, statement of equity, statement of changes in stockholders' equity, etc. It reports all of the changes in stockholders' equity which occurred during the accounting period.
The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is A. Rs. 60 B. Rs. 108 C. Rs. 110 D. Rs. 112
The banker's discount on a certain sum due 2 years hence is 11/10 of the true discount. The rate percent is A. 11% B. 10% C. 5% D. 5.5%
The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is A. Rs. 960 B. Rs. 840 C. Rs. 1020 D. Rs. 760
The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is A. Rs. 480 B. Rs. 520 C. Rs. 600 D. Rs. 960
The banker's discount on Rs. 1600 at 15% per annum is the same as true discount on Rs. 1680 for the same time and at the same rate. The time is A. 3 months B. 4 months C. 6 months D. 8 months
The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is A. Rs. 36 B. Rs. 72 C. Rs. 48 D. Rs. 96
The banker's discount on a sum of money for 1 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is A. 10% B. 13% C. 12% D. 15%
The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is A. Rs. 400 B. Rs. 360 C. Rs. 480 D. Rs. 320
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