Question 1. The banker's 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

See Solution

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:

$$5\frac{1}{5}$$ %

$$9\frac{1}{{9}}$$ %

$$8\frac{1}{8}$$ %

$$6\frac{1}{6}$$ %

See Solution

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:

Rs. 36

Rs. 72

Rs. 48

Rs. 96

See Solution

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:

Rs. 20

Rs. 24

Rs. 16

Rs. 12

See Solution

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:

Rs. 360

Rs. 432

Rs. 540

Rs. 1080

See Solution

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:

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