Bankers Discount - Aptitude MCQ Questions and Solutions with Explanations Page-5 section-1

41.
The true discount on a bill for Rs. 2520 due 6 months hence at 10% per annum is

A. Rs. 180

B. Rs. 140

C. Rs. 80

D. Rs. 120

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42.
The true discount on a certain sum due 6 months hence at 15% is Rs. 240. What is the banker's discount on the same sum for the same time at the same rate?

A. Rs. 258

B. Rs. 278

C. Rs. 228

D. None of these

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43.
The present worth of a certain sum due sometime hence is Rs. 3400 and the true discount is Rs. 340. The banker's gain is:

A. Rs. 21

B. Rs. 17

C. Rs. 18

D. Rs. 34

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44.
The banker's discount on a sum of money for $$1\frac{1}{2}$$ years is Rs. 120. The true discount on the same sum for 2 years is Rs. 150. What is the rate per cent?

A. $$3\frac{1}{3}\,\% $$

B. $$4\frac{1}{3}\,\% $$

C. $$3\frac{2}{3}\,\% $$

D. $$4\frac{2}{3}\,\% $$

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45.
The present worth of a certain bill due sometime hence is Rs. 1296 and the true discount is Rs. 72. What is the banker's discount?

A. Rs. 76

B. Rs. 72

C. Rs. 74

D. Rs. 4

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46.
The banker's gain on a sum due 6 years hence at 12% per annum is Rs. 540. What is the banker's discount?

A. 1240

B. 1120

C. 1190

D. 1290

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47.
What is the present worth of a bill of Rs. 1764 due 2 years hence at 5% compound interest is

A. Rs. 1600

B. Rs. 1200

C. Rs. 1800

D. Rs. 1400

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48.
The present worth of a certain bill due sometime hence is Rs. 400 and the true discount is Rs. 20. What is the banker's discount?

A. Rs. 19

B. Rs. 22

C. Rs. 20

D. Rs. 21

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49.
A bill for Rs. 3000 is drawn on 14^th July at 5 months. It is discounted on 5^th October at 10%. What is the Banker's Discount?

A. Rs. 60

B. Rs. 82

C. Rs. 90

D. Rs. 120

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50.
What is the difference between the banker's discount and the true discount on Rs. 8100 for 3 months at 5%

A. Rs. 2

B. Rs. 1.25

C. Rs. 2.25

D. Rs. 0.5

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Bankers Discount - Aptitude MCQ Questions and Solutions with Explanations

41. The true discount on a bill for Rs. 2520 due 6 months hence at 10% per annum is

Answer & Solution

42. The true discount on a certain sum due 6 months hence at 15% is Rs. 240. What is the banker's discount on the same sum for the same time at the same rate?

Answer & Solution

43. The present worth of a certain sum due sometime hence is Rs. 3400 and the true discount is Rs. 340. The banker's gain is:

Answer & Solution

44. The banker's discount on a sum of money for $$1\frac{1}{2}$$ years is Rs. 120. The true discount on the same sum for 2 years is Rs. 150. What is the rate per cent?

Answer & Solution

45. The present worth of a certain bill due sometime hence is Rs. 1296 and the true discount is Rs. 72. What is the banker's discount?

Answer & Solution

46. The banker's gain on a sum due 6 years hence at 12% per annum is Rs. 540. What is the banker's discount?

Answer & Solution

47. What is the present worth of a bill of Rs. 1764 due 2 years hence at 5% compound interest is

Answer & Solution

48. The present worth of a certain bill due sometime hence is Rs. 400 and the true discount is Rs. 20. What is the banker's discount?

Answer & Solution

49. A bill for Rs. 3000 is drawn on 14th July at 5 months. It is discounted on 5th October at 10%. What is the Banker's Discount?

Answer & Solution

50. What is the difference between the banker's discount and the true discount on Rs. 8100 for 3 months at 5%

Answer & Solution

41.
The true discount on a bill for Rs. 2520 due 6 months hence at 10% per annum is

42.
The true discount on a certain sum due 6 months hence at 15% is Rs. 240. What is the banker's discount on the same sum for the same time at the same rate?

43.
The present worth of a certain sum due sometime hence is Rs. 3400 and the true discount is Rs. 340. The banker's gain is:

44.
The banker's discount on a sum of money for $$1\frac{1}{2}$$ years is Rs. 120. The true discount on the same sum for 2 years is Rs. 150. What is the rate per cent?

45.
The present worth of a certain bill due sometime hence is Rs. 1296 and the true discount is Rs. 72. What is the banker's discount?

46.
The banker's gain on a sum due 6 years hence at 12% per annum is Rs. 540. What is the banker's discount?

47.
What is the present worth of a bill of Rs. 1764 due 2 years hence at 5% compound interest is

48.
The present worth of a certain bill due sometime hence is Rs. 400 and the true discount is Rs. 20. What is the banker's discount?

49.
A bill for Rs. 3000 is drawn on 14^th July at 5 months. It is discounted on 5^th October at 10%. What is the Banker's Discount?

50.
What is the difference between the banker's discount and the true discount on Rs. 8100 for 3 months at 5%