Quantitative Aptitude - Bankers Discount
Exam Duration: 60 Mins Total Questions : 10
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
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
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
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
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
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
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
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%
The banker's discount on a certain sum due 2 years hence is \(11\over 10\) of the true discount. The rate percent is :
- (a)
11%
- (b)
10%
- (c)
5%
- (d)
5.5%
The banker's gain on a certain sum due \(1{1\over 2}\) years hence is \(3 \over 25\) of the banker's discount. The rate percent is :
- (a)
\(5{1\over 5}\)%
- (b)
\(9{1\over 9}\)%
- (c)
\(8{1\over 8}\)%
- (d)
\(6{1\over 6}\)%