Banker's Discount Questions and Answers
Practice ModeShowing 10 of 38 questions
Q11
The banker's discount of a certain sum of money is Rs. 72 and the truediscount on the same sum for the same time is Rs. 60. The sum due is :
Answer: Option A
Q12
The banker's discount on a certain sum due 2 years hence is 11/10 of the true discount. The rate percent is:
Answer: Option C
Q13
The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:
Answer: Option A
Q14
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
Q15
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
Q16
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:
Answer: Option C
Q17
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
Q18
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:
Answer: Option A
Q19
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:
Answer: Option C
Q20
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:
Answer: Option B