Banker's Discount Questions and Answers
Practice ModeShowing 10 of 38 questions
Q31
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
Q32
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
Q33
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 D
Q34
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
Q35
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
Q36
The present worth of a certain sum due sometimes hence is Rs.1600 and the true discount is Rs.160.The banker's gain is
Answer: Option A
Q37
The banker's discount on a bill due 4 months hence at 15 % is Rs.420. The discount is
Answer: Option C
Q38
The banker's discount on Rs.1650 due a certain time hence is Rs.165.Find the true discount and the banker's gain.
Answer: Option B