## 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
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
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
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
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
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