What is the banker’s discount on Rs. 5,000 due 3 months hence at 12% per annum?
Correct answer A. Rs. 150
Subject / 2,109 questions
Maths MCQs & Aptitude MCQs
Maths MCQs and Aptitude MCQs are multiple-choice questions that test arithmetic and quantitative reasoning, such as percentages, averages, ratios, time and work, speed and distance, interest, profit and loss, and probability. They help candidates for recruitment, banking and admission tests build speed with numbers. Every question on MCQs360 shows its correct answer instantly, so you can check each calculation as you practise.
- Numbers 104
- Percentage 103
- Age Questions 95
- Profit and Loss 82
- Ratio and Proportion 80
- Time and Work 73
- Alligation or Mixture 73
- Fraction and Decimal 72
- Compound Interest 71
- Simple Interest 69
- Area 64
- Volume and Surface Area 64
- Equations and Inequalities 64
- Time and Distance 64
- Simplification 60
- Permutation and Combination 59
- Average 59
- Basic Algebra 58
- Pipes and Cistern 57
- Partnership 56
- Square Root and Cube Root 51
- Problems on Numbers 47
- Probability 45
- Problems on Trains 44
- Odd Man Out and Series 43
- Surds and Indices 43
- Clock 39
- Races and Games 38
- Height and Distance 37
- True Discount 36
- Stocks and Shares 34
- Boats and Streams 34
- Banker's Discount 32
- Counting 32
- Logarithm 30
- Problems on H.C.F and L.C.M 30
- Calendar 30
- Road Problems 26
- Word Problems 25
- Men and Food 24
The banker’s gain on a sum due 2 years hence at 10% per annum is Rs. 40. What is the true discount?
Correct answer C. Rs. 200
For the same bill, time and rate, how does the banker’s discount compare with the true discount?
Correct answer C. Banker's discount is greater
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The banker’s discount on a bill due 6 months hence at 8% per annum is Rs. 120. What is the face value of the bill?
Correct answer D. Rs. 3,000
A bill of Rs. 4,000 due 6 months hence is discounted by a bank at 9% per annum. How much does the holder receive?
Correct answer A. Rs. 3,820
The banker’s discount on Rs. 6,000 due 4 months hence is Rs. 150. What is the rate per annum?
Correct answer C. 7.5%
If the banker’s discount is Rs. 77 and the true discount is Rs. 70, what is the banker’s gain?
Correct answer A. Rs. 7
The banker’s discount on a bill is Rs. 525 and the banker’s gain is Rs. 25. What is the true discount?
Correct answer C. Rs. 500
The banker’s discount on Rs. 2,400 at 15% per annum is Rs. 180. For how long is the bill drawn?
Correct answer B. 6 months
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The true discount on a bill due 2 years hence at 10% per annum is Rs. 200. What is the banker’s discount?
Correct answer C. Rs. 240
The banker’s discount on a sum due 1 year hence at 10% per annum is Rs. 110. What is the true discount?
Correct answer C. Rs. 100
Banker’s gain is equal to the simple interest on which amount for the unexpired time?
Correct answer B. True discount
The true discount on a bill is Rs. 120 and the banker’s gain is Rs. 6. What is the present worth?
Correct answer D. Rs. 2,400
A bill of Rs. 6,000 due 8 months hence is discounted at 6% per annum. What are the proceeds paid by the bank?
Correct answer C. Rs. 5,760
What is the banker’s gain on Rs. 1,100 due 1 year hence at 10% per annum?
Correct answer A. Rs. 10
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The present worth of a bill is Rs. 900 and the banker’s gain is Rs. 4. What is the true discount?
Correct answer B. Rs. 60
The true discount on a bill is Rs. 50 and its present worth is Rs. 1,000. What is the banker’s gain?
Correct answer B. Rs. 2.50
What face value of 6% stock is needed to earn an annual income of Rs. 1,200?
Correct answer C. Rs. 20,000
By investing Rs. 7,200 in a stock at 120, a person earns Rs. 480 a year. What is the rate of the stock?
Correct answer B. 8%
Rs. 25 shares paying a 12% dividend are quoted at Rs. 30. What is the yield on investment?
Correct answer C. 10%
About Aptitude MCQs
Aptitude, often called quantitative aptitude, measures how well you solve practical number problems under time pressure. Typical questions ask how many three digit numbers are divisible by 6, how long a hostel's food will last after some boarders leave, or how fast a train must travel to cover 600 km in a given time. Most need only school-level maths but reward clear, quick methods.
The collection covers more than forty subtopics. Arithmetic areas include numbers, HCF and LCM, fractions and decimals, simplification, square roots, surds and indices, percentages, averages, ratio and proportion, and partnership. Applied topics cover time and work, pipes and cisterns, time and distance, trains, boats and streams, races, simple and compound interest, profit and loss, and stocks and shares. Further sets cover algebra, mensuration, permutation, combination, probability, calendars and clocks.
Quantitative aptitude is a standard section of NTS, GAT and many public service tests in Pakistan, and of ISSB and armed forces initial tests. In India it is central to SSC, banking and railway exams and to campus placements, while BCS and bank job exams in Bangladesh include mathematical reasoning. Regular timed practice is the surest way to raise both accuracy and speed.
Key facts to remember
- Simple interest equals principal multiplied by rate and time, divided by 100.
- Speed equals distance divided by time, and 1 km per hour equals 5/18 metres per second.
- If a person completes a job in n days, they finish 1/n of it each day.
- The product of two numbers equals the product of their HCF and LCM.
- The number of ways to arrange n distinct objects in a row is n factorial.
- The probability of any event always lies between 0 and 1 inclusive.
- An ordinary year has 52 weeks and one odd day, while a leap year has two odd days.
- Percentage change equals the change divided by the original value, multiplied by 100.
Exams that include Aptitude MCQs
Pakistan
- NTS
- GAT
- FPSC
- PPSC
- ISSB
- Army/Navy/PAF initial tests
- Banking job tests
India
- SSC CGL
- SSC CHSL
- IBPS PO
- IBPS Clerk
- SBI PO
- RRB NTPC
- Campus placements
Bangladesh
- BCS
- Bank job exams
- Bangladesh Bank recruitment
- Government job tests
How to prepare for Aptitude MCQs
- Memorise squares up to 30, cubes up to 15 and common percentage to fraction equivalents, which save time across almost every aptitude topic.
- For time and work or pipes and cisterns, convert each rate into work per hour and add or subtract rates rather than times.
- In train problems, add speeds for trains moving in opposite directions and subtract them for the same direction before applying distance over time.
- Check answer options before calculating fully, because estimating or working backwards from the options often solves a question faster.
- Practise in timed sets of twenty questions and note which subtopics take you longest, then give those extra revision time.
Frequently asked questions
What are the most important topics in Aptitude MCQs?
The most frequently tested topics are percentages, averages, ratio and proportion, profit and loss, simple and compound interest, time and work, and time, speed and distance. Problems on trains, ages, numbers, HCF and LCM and mixtures also appear often. Banking and placement tests add permutation, combination and probability.
Which exams ask Aptitude MCQs?
Aptitude MCQs appear in NTS, GAT, ISSB, armed forces initial tests and most public service and banking tests in Pakistan. In India they are central to SSC CGL, IBPS and SBI exams, railway tests and campus placements. In Bangladesh, BCS and bank job exams include a quantitative or mathematical reasoning section.
How many Maths and Aptitude MCQs are on MCQs360?
MCQs360 has more than 2,000 Aptitude MCQs across over forty subtopics, from numbers and percentages to trains, interest and probability. Each question shows its correct answer instantly, and practice is free with no sign-up, so you can focus on one weak area or mix topics for exam-style practice.
How should I prepare for Aptitude MCQs?
Learn the basic formula and one standard method for each topic, then solve plenty of practice questions to build speed. Start untimed to understand the approach, then move to timed sets. Review every wrong answer to see whether the error was in method or calculation, and revise shortcuts regularly.
How do you solve time and work problems quickly?
Convert each person's time into a daily rate. If A finishes a job in 10 days and B in 15 days, A does 1/10 and B does 1/15 per day. Together they do 1/10 + 1/15 = 1/6 per day, so they finish in 6 days. Pipes and cisterns problems use the same method.
What is the difference between simple and compound interest?
Simple interest is calculated only on the original principal, so it grows by the same amount each year. Compound interest is calculated on the principal plus interest already earned, so it grows faster over time. For one year at the same rate, both give the same interest, but they differ after that.
Are calculators allowed in maths MCQ tests?
Most written recruitment tests such as PPSC, FPSC, SSC and BCS do not allow calculators, so practise mental arithmetic and quick estimation. Always check the instructions of the specific exam you are taking.
Last reviewed October 2026