Banker's Discount Questions and Answers
Quantitative Aptitude - Banker's Discount Questions with Answers improve understanding of financial calculations. Banker’s Discount Aptitude is important for SSC, banking, and placement exams to enhance problem-solving accuracy.
Banker's Discount
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38 questions
1. The true discount on a bil of Rs. 540 is Rs. 90. the banker's discount is:
- Rs. 60
- Rs. 108
- Rs. 110
- Rs. 112
2. The present worth of a certain bill due sometimesl hence is Rs. 800 and the true discount is Rs. 36. The banker's discount is :
- Rs. 37
- Rs. 37.62
- Rs. 34.38
- Rs. 38.98
3. The present worth of a certain sum due sometime hence is rs. 1600 and the true discount is Rs. 160. The banker's gain is :
- Rs. 20
- Rs. 24
- Rs. 16
- Rs. 12
4. The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. the present worth is:
- Rs. 480
- Rs. 520
- Rs. 600
- Rs. 960
5. The banker's gain on abill due 1 year hene at 12% per annum is Rs. 6. The present worth is :
- Rs. 480
- Rs. 520
- Rs. 600
- Rs. 960
6. The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is :
- Rs. 72
- Rs. 36
- Rs. 54
- Rs. 50
7. The banker's discounton a bil due 4 months hence at 15% is Rs. 420. the true discount is:
- Rs. 400
- Rs. 360
- Rs. 480
- Rs. 320
8. The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. the banker's discount is :
- Rs. 960
- Rs. 840
- Rs. 1020
- Rs. 760
9. The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is:
- Rs. 36
- Rs. 72
- Rs. 48
- Rs. 96
10. 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:
- 3 months
- 4 months
- 6 months
- 8 months