diff options
Diffstat (limited to '1553/CH33/EX33.1')
| -rw-r--r-- | 1553/CH33/EX33.1/33Ex1.sce | 12 |
1 files changed, 12 insertions, 0 deletions
diff --git a/1553/CH33/EX33.1/33Ex1.sce b/1553/CH33/EX33.1/33Ex1.sce new file mode 100644 index 000000000..99ac60a15 --- /dev/null +++ b/1553/CH33/EX33.1/33Ex1.sce @@ -0,0 +1,12 @@ +//Chapter 33 Ex 1
+clc;
+clear;
+close;
+facevalue=6000; rate=10/100;
+//calculating unexpired time, 26 days (october 31-october 5)+30 days (november)+ 17 days (december)
+unexpiredTime=1/5; //converting 73 days into years
+bd=facevalue*unexpiredTime*rate; //banker's discount
+td=bd/(1+(unexpiredTime*rate)); //true discount
+bg=bd-td; //banker's gain
+money=facevalue-bd;
+mprintf("The bankers discount is Rs.%.0f\n The true discount is Rs.%.2f\n The bankers gain is Rs.%.2f\n The money received by holder of bill is Rs.%.0f",bd,td,bg,money);
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