Answer:
RS 3127.166
RS 107.834
Step-by-step explanation:
6 month bill :
Drawn date = Feb, 3
Discounted date = March 3,
Difference = 1 month
6 month - 1 month = 5 months = 5 * 30 = 150 days
Value of the bill :
P(1 - rate * time)
3235(1 - 0.08 * 150/360)
3235(1 - 0.08 * 0.4166666)
3235(1 - 0.0333333)
3235(0.9666666)
= Rs3127.1666
Value of bill = 3127.166
Bankers gain = 3235 - 3127.166 = 107.834
Y = -4/5x + 8/5 (slope intercept form is y = mx + b)
Answer:
-1.5
Step-by-step explanation:
-1 1/4 + 3/4= -0.5
-0.5-1= -1.5
Step-by-step explanation:
wrong question or incomplete question
