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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. 8 $$\frac { 1 } { 8 }$$% D. 6 $$\frac { 1 } {6 }$$%   