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Arithmetic Aptitude :: Banker's Discount

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

  2. A.

    Rs. 400

    B.

    Rs. 360

    C.

    Rs. 480

    D.

    Rs. 320


  3. 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:

  4. A.

    3 months

    B.

    4 months

    C.

    6 months

    D.

    6 months


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

  6. A.

    Rs. 480

    B.

    Rs. 520

    C.

    Rs. 600

    D.

    Rs. 960


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

  8. A.

    10%

    B.

    13%

    C.

    12%

    D.

    15%


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

  10. A.

    Rs. 960

    B.

    Rs. 840

    C.

    Rs. 1020

    D.

    Rs. 760


  11. 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:

  12. A.

    Rs. 360

    B.

    Rs. 432

    C.

    Rs. 540

    D.

    Rs. 1080


  13. 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:

  14. A.

    Rs. 20

    B.

    Rs. 24

    C.

    Rs. 16

    D.

    Rs. 12


  15. 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:

  16. A.

    Rs. 37

    B.

    Rs. 37.62

    C.

    Rs. 34.38

    D.

    Rs. 38.98


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

  18. A.

    Rs. 72

    B.

    Rs. 36

    C.

    Rs. 54

    D.

    Rs. 50


  19. The banker's gain on a certain sum due 1 \(\frac { 1 } { 2 } \) years hence is \(\frac { 3} { 25 } \) of the banker's discount. The rate percent is:

  20. A.

    5\(\frac { 1 } { 5 } \)%

    B.

     9\(\frac { 1 } { 11 } \)%

    C.

    \(\frac { 1 } { 8 } \)

    D.

    \(\frac { 1 } {6 } \)%