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  1. Topics
  2. Aptitude
  3. Bankers Discount

Question: The present worth of a certain bill due sometime hence is Rs. 800 and the true discount is Rs. 36. The banker's discount is:
Options:
A.Rs. 37
B.Rs. 37.62
C.Rs. 34.38
D.Rs. 38.98
Answer: Option B

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Question 1. The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:
  1.    Rs. 72
  2.    Rs. 36
  3.    Rs. 54
  4.    Rs. 50
Answer: Option D
Question 2. The banker's gain on a certain sum due $$1\frac{1}{2}$$ years hence is $$\frac{3}{{25}}$$ of the banker's discount. The rate percent is:
  1.    $$5\frac{1}{5}$$ %
  2.    $$9\frac{1}{{9}}$$ %
  3.    $$8\frac{1}{8}$$ %
  4.    $$6\frac{1}{6}$$ %
Answer: Option B
Question 3. The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is:
  1.    Rs. 36
  2.    Rs. 72
  3.    Rs. 48
  4.    Rs. 96
Answer: Option D
Question 4. The certain worth of a certain sum due sometime 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
Question 5. The banker's 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:
  1.    Rs. 360
  2.    Rs. 432
  3.    Rs. 540
  4.    Rs. 1080
Answer: Option A
Question 6. The banker's discount on a sum of money for $$1\frac{1}{2}$$ years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:
  1.    10%
  2.    13%
  3.    12%
  4.    15%
Answer: Option C

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