The banker’s discount on a certain sum due 2 years hence is 11 of the true discount. The rate percent is:
Correct answer C. 5%
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Banker's Discount MCQs
Page 2 of Banker's Discount multiple-choice questions with answers. Tap an option to check yourself.
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- 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 true discount on a bill of Rs. 540 is Rs. 90. The banker’s discount is:
Correct answer B. Rs. 108
The present worth of a sum due sometime hence is Rs. 576 and the banker’s gain is Rs. 16. The true discount is:
Correct answer D. Rs. 96
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The banker’s gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:
Correct answer D. Rs. 50
The present worth of a certain bill due sometime hence is Rs. 800 and the true discount is Rs. 36. The banker’s discount is:
Correct answer B. Rs. 37.62
The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The banker’s gain is:
Correct answer C. Rs. 16
The banker’s discount of a certain sum of money is Rs. 72 and the true discount on the same sum for the same time is Rs. 60. The sum due is:
Correct answer A. Rs. 360
The banker’s gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker’s discount is:
Correct answer C. Rs. 1020
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:
Correct answer C. 12%
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The banker’s gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:
Correct answer C. Rs. 600
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:
Correct answer B. 4 months
The banker’s discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:
Correct answer A. Rs. 400