Learn and Practice Free Banker Discount Set 1 questions
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If the true discount on a certain sum due 6 months hence at 15% is Rs 120.What is the bankers discount on the same for same time and the same rate.
Option 1: Rs.109
Option 2: Rs.119
Option 3: Rs.129
Option 4: Rs.139
Option 5:
The bankers gain on a sum due 3 years hence at 12% per annum is Rs. 270. The bankers
discount is:
Option 1: 1315
Option 2: 1150
Option 3: 1020
Option 4: 980
Option 5:
The bankers discount on Rs. 1800 at 12% per annum is equal to the true discount on Rs. 1872 for the same time at the same rate. Find the time.
Option 1: 7 months
Option 2: 6 months
Option 3: 5 months
Option 4: 4 months
Option 5:
The true discount on a bill of Rs. 540 is Rs. 90. The bankers discount is:
Option 1: 108
Option 2: 115
Option 3: 100
Option 4: 120
Option 5:
The bankers discount on Rs. 1650 due a certain time hence is Rs. 165. Find the true discount and the bankers gain.
Option 1: 15
Option 2: 20
Option 3: 18
Option 4: 13
Option 5:
The bankers discount and true discount on a sum of money due 8 months hence are Rs.120 & Rs.110 resp. Find the sum.
Option 1: 1457
Option 2: 1320
Option 3: 1140
Option 4: 1260
Option 5:
The bankers gain of a certain sum due 2 years hence at 10% per annum is Rs 24 .The percent worth is
Option 1: 400
Option 2: 800
Option 3: 500
Option 4: 600
Option 5:
A bill for Rs. 6000 is drawn on July 14 at 5 months. It is discounted on 5th October at 10%. Find the bankers discount, true discount, bankers gain and the money that the holder of the bill receives.
Option 1: 4390
Option 2: 6580
Option 3: 5880
Option 4: 5350
Option 5:
If the true discount on a certain sum due 6 months hence at 15% is Rs. 120, what is the bankers discount on the same sum for the same time and at the same rate?
Option 1: 50
Option 2: 129
Option 3: 100
Option 4: 160
Option 5:
The bankers discount on a certain sum due 2 years hence is11/10of the true discount.
The rate percent is:
Option 1: 10%
Option 2: 7%
Option 3: 8%
Option 4: 5%
Option 5:
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