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

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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

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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

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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

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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

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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

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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

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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

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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

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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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