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1. The present worth of a certain bill due sometime hence is Rs. 800 and the true discount is Rs. 36. The bankers discount is:
Rs. 37 | Rs. 37.62 | Rs. 34.38 | Rs. 38.98 |
2. The bankers discount of a certain sum of money is Rs. 36 and the true discount on the same sum for the same time is Rs. 30. What is the sum due?
Rs. 180 | Rs. 120 | Rs. 220 | Rs. 200 |
3. The bankers discount and the true discount of a sum at 10% per annum simple interest for the same time are Rs.100 and Rs.80 respectively. What is the sum and the time?
Sum = Rs.400 and Time = 5 years | Sum = Rs.200 and Time = 2.5 years | Sum = Rs.400 and Time = 2.5 years | Sum = Rs.200 and Time = 5 years |
4. A banker paid Rs.5767.20 for a bill of Rs.5840, drawn of Apr 4 at 6 months. If the rate of interest was 7%, what was the day on which the bill was discounted?
3rd March | 3rd September | 3rd October | 3rd August |
5. The bankers discount on a certain sum due 2 years hence is $\dfrac{11}{10}$ of the true discount.The rate percent is:
11% | 10% | 5% | 5.5% |
6. The bankers 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:
3 months | 4 months | 6 months | 8 months |
7. A bill for Rs. 3000 is drawn on 14th July at 5 months. It is discounted on 5th October at 10%. What is the Bankers Discount?
Rs. 60 | Rs. 82 | Rs. 90 | Rs. 120 |
8. The true discount on a bill of Rs. 540 is Rs. 90. The bankers discount is:
Rs. 60 | Rs. 108 | Rs. 110 | Rs. 112 |
9. The bankers 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:
Rs. 360 | Rs. 432 | Rs. 540 | Rs. 1080 |
10. The present worth of a certain sum due sometime hence is Rs. 3400 and the true discount is Rs. 340. The bankers gain is:
Rs. 21 | Rs. 17 | Rs. 18 | Rs. 34 |
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