Lakshya Education MCQs

Question:  the bankers discount and true discount on a sum of money due 8 months hence are rs.120 & rs.110 resp. find the sum.
Options:
A.1457
B.1320
C.1140
D.1260
Answer: Option A
Explanation :

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More Questions on This Topic :

Question 1.  if the true discount on a certain sum due 6 months hence at 15% is rs. 120, what is the banker's discount on the same sum for the same time and at the same rate?
  1.    50
  2.    129
  3.    100
  4.    160
Answer: Option B
Explanation :
Question 2.  the banker's discount on a bill due 4 months hence a 5% is rs. 420 . the true discount is :
  1.    Rs. 400
  2.    Rs. 360
  3.    Rs. 480
  4.    Rs. 320
Answer: Option A
Explanation :
Question 3.  the present worth of a certain sum due sometimes hence is rs. 1600 and the true discount is rs. 160 . the banker's gain is :
  1.    Rs. 20
  2.    Rs. 24
  3.    Rs. 16
  4.    Rs. 12
Answer: Option C
Explanation :
Question 4.  the banker's discount of a certain sum of money is rs. 72 and the rue discount on the same for the same time is rs. 60. the sum due is .
  1.    360
  2.     432
  3.    540
  4.    1080
Answer: Option A
Explanation :
Question 5.  the banker's discount on rs. 1600 at 15% per annum is the same as rue discount on rs. 1680 for the same time and at the same rate . the time is :
  1.    3 months
  2.    4 months
  3.    6 months
  4.    8 months
Answer: Option B
Explanation :
Question 6.  the bankers discount and true discount on a sum of money due 8 months hence are rs.120 & rs.110 resp. find the sum.
  1.    1457
  2.    1320
  3.    1140
  4.    1260
Answer: Option A
Explanation :

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