Banker's Discount Questions and Answers
Practice ModeShowing 10 of 38 questions
Q1
The true discount on a bil of Rs. 540 is Rs. 90. the banker's discount is:
Answer: Option B
Q2
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 :
Answer: Option B
Q3
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 :
Answer: Option C
Q4
The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. the present worth is:
Answer: Option C
Q5
The banker's gain on abill due 1 year hene at 12% per annum is Rs. 6. The present worth is :
Answer: Option C
Q6
The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is :
Answer: Option D
Q7
The banker's discounton a bil due 4 months hence at 15% is Rs. 420. the true discount is:
Answer: Option B
Q8
The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. the banker's discount is :
Answer: Option C
Q9
The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is:
Answer: Option D
Q10
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:
Answer: Option B