Aptitude  Bankers Discount  Practice Q&A

1. The present worth of a certain bill due sometime hence is Rs. 1296 and the true discount is Rs. 72. What is the bankers discount?

Rs. 76 Rs. 72 Rs. 74 Rs. 4

2. The bankers gain on a sum due 3 years hence at 12% per annum is Rs. 360. The bankers discount is:

Rs. 1360 Rs. 1000 Rs. 360 Rs. 640

3. The bankers discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:

Rs. 400 Rs. 360 Rs. 480 Rs. 320

4. The bankers gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:

Rs. 72 Rs. 36 Rs. 54 Rs. 50

5. The present worth of a sum due sometime hence is Rs. 576 and the bankers gain is Rs. 16. The true discount is:

Rs. 36 Rs. 72 Rs. 48 Rs. 96

6. The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The bankers gain is:

Rs. 20 Rs. 24 Rs. 16 Rs. 12

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

None of these Rs. 278 Rs. 228 Rs. 258

8. The bankers gain of a certain sum due 3 years hence at 10% per annum is Rs. 36. What is the present worth ?

Rs. 400 Rs. 300 Rs. 500 Rs. 350

9. The bankers gain on a bill due 1 year hence at 10% per annum is Rs. 20. What is the true discount?

Rs. 200 Rs. 100 Rs. 150 Rs. 250

10. The bankers gain on a sum due 3 years hence at 12% per annum is Rs. 270. The bankers discount is:

Rs. 960 Rs. 840 Rs. 1020 Rs. 760

 

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