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Banker’s Discount

The banker’s discount on a certain sum due 2 years hence is 11 of the true discount. The rate percent is:

A.11%

B.10%

C.5%

D.5.5%

Show Answer

Answer=Option C

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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

Show Answer

Answer=Option B

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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

Show Answer

Answer=Option D

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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:

A.Rs. 72

B.Rs. 36

C.Rs. 54

D.Rs. 50

Show Answer

Answer=Option D

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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:

A.Rs. 37

B.Rs. 37.62

C.Rs. 34.38

D.Rs. 38.98

Show Answer

Answer=Option B

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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:

A.Rs. 20

B.Rs. 24

C.Rs. 16

D.Rs. 12

Show Answer

Answer=Option C

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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:

A.Rs. 360

B.Rs. 432

C.Rs. 540

D.Rs. 1080

Show Answer

Answer=Option A

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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

Show Answer

Answer=Option C

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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%

Show Answer

Answer=Option C

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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:

A.Rs. 480

B.Rs. 520

C.Rs. 600

D.Rs. 960

Show Answer

Answer=Option C

Categories Aptitude Mcqs, Banker's Discount Leave a comment
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