Banker's Discount Questions and Answers
Practice ModeShowing 10 of 38 questions
Q21
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
Q22
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
Q23
The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:
Answer: Option B
Q24
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
Q25
The banker's discount on Rs. 1800 at 12% per annum is equal to the true discount on Rs.1872 for the same time at the same rate. Find the time?
Answer: Option B
Q26
The banker's gain on a bill due due 1 year hence at 12% per annum is Rs. 6. The true discount is
Answer: Option D
Q27
If the true discount on a certain sum due 6 months hence at 15% is Rs. 120. What is the banker's discount on the same sum for the same time and at the same rate?
Answer: Option B
Q28
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
Q29
The true discount on a bill of Rs.540 is Rs.90.The banker's discount is
Answer: Option B
Q30
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