Quantitative Aptitude - Bankers Discount

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Question - 1

The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is :

  • A Rs. 60
  • B Rs. 108
  • C Rs. 110
  • D Rs. 112

Question - 2

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 :

  • A Rs. 37
  • B Rs. 37.62
  • C Rs. 34.38
  • D Rs. 38.98

Question - 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 :

  • A Rs. 20
  • B Rs. 24
  • C Rs. 16
  • D Rs. 12

Question - 4

The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is :

  • A Rs. 480
  • B Rs. 520
  • C Rs. 600
  • D Rs. 960

Question - 5

The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is :

  • A Rs. 72
  • B Rs. 36
  • C Rs. 54
  • D Rs. 50

Question - 6

The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is :

  • A Rs. 400
  • B Rs. 360
  • C Rs. 480
  • D Rs. 320

Question - 7

The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is :

  • A Rs. 960
  • B Rs. 840
  • C Rs. 1020
  • D Rs. 760

Question - 8

The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is :

  • A Rs. 36
  • B Rs. 72
  • C Rs. 48
  • D Rs. 96

Question - 9

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 :

  • A 3 months
  • B 4 months
  • C 6 months
  • D 8 months

Question - 10

The banker's discount on a sum of money for \(1{1\over 2}\) years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is :

  • A 10%
  • B 13%
  • C 12%
  • D 15%