The bankers discount and the true discount of a sum at

Sum = Rs. 200 and Time = 5 years

Sum = Rs. 400 and Time = 5 years

Sum = Rs. 200 and Time = 2.5 years

Sum = Rs. 400 and Time = 2.5 years

Sum = Rs. 200 and Time = 5 years

124 + Mcqs in Banker's Discount in Aptitude Page 2 McqOptions

51.

The banker's gain on a certain sum due 1 1 years hence is 3 of the banker's

2 25

discount. The rate percent is:

A.

B.

C.

D.

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52.	The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:
A.	Rs. 400
B.	Rs. 360
C.	Rs. 480
D.	Rs. 320
Answer» B. Rs. 360

53.	The banker's discount on Rs. 1600 at 15% per annum is the same as true discount on Rs. 1680 for the same time and at the same rate. The time is:
A.	3 months
B.	4 months
C.	6 months
D.	8 months
Answer» C. 6 months

54.	The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:
A.	Rs. 480
B.	Rs. 520
C.	Rs. 600
D.	Rs. 960
Answer» D. Rs. 960

55.	The banker's discount on a sum of money for 1 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:
A.	10%
B.	13%
C.	12%
D.	15%
Answer» D. 15%

56.	The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is:
A.	Rs. 960
B.	Rs. 840
C.	Rs. 1020
D.	Rs. 760
Answer» D. Rs. 760

57.	The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is:
A.	Rs. 36
B.	Rs. 72
C.	Rs. 48
D.	Rs. 96
Answer» E.

58.	The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:
A.	Rs. 60
B.	Rs. 108
C.	Rs. 110
D.	Rs. 112
Answer» C. Rs. 110

60.	A bill for 10200 is drawn on July 14 at 5 months. It is discounted on 5th October at 10%. Find the banker's discount, true discount. banker's gain and the money that the holder of the bill receives ?
A.	204 , 200, 4 and 9996
B.	100 , 200, 2 and 4989
C.	121 , 172, 132 and 4046
D.	None of these
Answer» B. 100 , 200, 2 and 4989

61.	The present worth of a certain bill due sometime hence is Rs. 1600 and true discount on the bill is Rs. 160. Find the banker's discount and the extra gain the gain banker would make in the transaction ?
A.	Rs. 176, Rs. 18
B.	Rs. 186, Rs. 16
C.	Rs. 176, Rs. 16
D.	None of these
Answer» D. None of these

62.	The holder of a bill for Rs. 17850 nominally due on 21st May, 1991 received Rs. 357 less than the amount of the bill by having it discounted at 5%. When was it discounted ?
A.	December 29, 1990
B.	December 30, 1989
C.	December 19, 1990
D.	None of these
Answer» B. December 30, 1989

66.	The profit earned by Mrs Malhotra in selling an article for
A.	715
B.	469
C.	400
D.	750
Answer» E.

67.	Mr Jaspal purchased a cow for
A.	Nil
B.	5%
C.	750
D.	10%
Answer» B. 5%

70.	The true discount on a bill 24 months, hence at 24% per annum, is 144. What will be the banker's discount ?
A.	213.12
B.	415
C.	515.12
D.	616
Answer» E.

80.	The banker s gain on a certain
A.	18.13%
B.	18.12%
C.	24.13%
D.	22.22%
Answer» E.

63.	The banker's discount on a certain sum due 4 yr, hence is 11/10 of the true discount. Find the rate per cent per annum.
A.	2.5%
B.	5%
C.	5.5%
D.	1.5%
Answer» B. 5%

65.	The banker s discount on a sum of money for
A.	8%
B.	12%
C.	10%
D.	6%
Answer» E.

68.	The interest on a certain sum of money is Rs. 67.20 and the discount on the same of money for the same time and at the same rate is Rs. 60. What is sum ?
A.	Rs. 560
B.	Rs. 480
C.	Rs. 590
D.	Rs. 860
Answer» B. Rs. 480

69.	The face value of a bill due 5 yr hence is 13800. If the rate of simple interest is 5% per annum, what will be the banker's gain at the bill ?
A.	690
B.	600
C.	590
D.	625
Answer» B. 600

71.	Find the difference between the banker's discount and the true discount on Rs. 8100 for 3 months at 5% ?
A.	Rs. 0.125
B.	Rs. 1.25
C.	Rs. 12.5
D.	None of these
Answer» C. Rs. 12.5

72.	The banker's gain on a bill due 1 year 4 months hence at 7
A.	Rs. 1760
B.	Rs. 1560
C.	Rs. 1660
D.	Rs. 1860
Answer» B. Rs. 1560

73.	The banker s gain on a bill due
A.	Rs. 200
B.	Rs. 100
C.	Rs. 150
D.	Rs. 250
Answer» B. Rs. 100

74.	The banker s gain on a sum due
A.	Rs. 1360
B.	Rs. 1000
C.	Rs. 360
D.	Rs. 640
Answer» B. Rs. 1000

75.	The true discount on a certain sum due 1 yr hence at 30% per annum, is 240. What is the banker' discount on the same sum for the same time and at the same rate ?
A.	400
B.	212
C.	312
D.	445
Answer» D. 445

76.	The banker's discount on Rs. 1650 due a certain time hence is Rs. 165. Find the true discount and the banker's gain ?
A.	Rs. 150, Rs. 15
B.	Rs. 160, Rs. 5
C.	Rs. 145, Rs. 20
D.	None of these
Answer» B. Rs. 160, Rs. 5

Explore topic-wise MCQs in Aptitude.

The banker's gain on a certain sum due 1 1 years hence is 3 of the banker's 2 25 discount. The rate percent is:

The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:

The banker's discount on Rs. 1600 at 15% per annum is the same as true discount on Rs. 1680 for the same time and at the same rate. The time is:

The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:

The banker's discount on a sum of money for 1 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:

The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is:

The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is:

The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:

The banker's discount on a certain sum due 2 years hence is 11 of the true discount. 10 The rate percent is:

A bill for 10200 is drawn on July 14 at 5 months. It is discounted on 5th October at 10%. Find the banker's discount, true discount. banker's gain and the money that the holder of the bill receives ?

The present worth of a certain bill due sometime hence is Rs. 1600 and true discount on the bill is Rs. 160. Find the banker's discount and the extra gain the gain banker would make in the transaction ?

The holder of a bill for Rs. 17850 nominally due on 21st May, 1991 received Rs. 357 less than the amount of the bill by having it discounted at 5%. When was it discounted ?

The banker's discount on a certain sum due 4 yr, hence is 11/10 of the true discount. Find the rate per cent per annum.

The bankers discount and the true discount of a sum at

The banker s discount on a sum of money for

The profit earned by Mrs Malhotra in selling an article for

Mr Jaspal purchased a cow for

The interest on a certain sum of money is Rs. 67.20 and the discount on the same of money for the same time and at the same rate is Rs. 60. What is sum ?

The face value of a bill due 5 yr hence is 13800. If the rate of simple interest is 5% per annum, what will be the banker's gain at the bill ?

The true discount on a bill 24 months, hence at 24% per annum, is 144. What will be the banker's discount ?

Find the difference between the banker's discount and the true discount on Rs. 8100 for 3 months at 5% ?

The banker's gain on a bill due 1 year 4 months hence at 7

The banker s gain on a bill due

The banker s gain on a sum due

The true discount on a certain sum due 1 yr hence at 30% per annum, is 240. What is the banker' discount on the same sum for the same time and at the same rate ?

The banker's discount on Rs. 1650 due a certain time hence is Rs. 165. Find the true discount and the banker's gain ?

The present worth of a bill due sometime, hence is 2200 and true discount on the bill is 220. Find the banker's discount and banker's gain ?

The present worth of a sum due sometime hence is 576 And banker's gain is 9. Find the true and discount ?

What rate percent does a man get for his money when in discounting a bill due 10 months hence he deducts 4% of the amount of the bill ?

The banker s gain on a certain

A bill is discounted at

Shankara buys a watch for

A bill for Rs.

The banker s discount on a certain amount

What is the banker s discount if the true discount on a bill of Rs.

The banker s discount on

The difference between Simple Interest and True Discount on a certain sum of money, paid by Mr Manohar, for 6 months at 121% per annum is Rs. 25. Find the sum (Rs.).2

Vivek Bhatia wants to sell his scooter. Before him, there are two offers (i) at

If Rs.

A bill, drawn on

A banker's paid 5767.50 for a bill of Rs. 5840, drawn on April 4 at 6 months. On what day was the bill discounted the rate of interest being 7% ?

The present worth of a bill due sometime hence is Rs. 1100 and the true discount on the bill is Rs. 110. Find the banker's discount and the extra gain the banker would make in the transaction ?

The banker's discount on Rs. 1600 at 6% is the same as the true discount on Rs. 1624 for the same time and at the same rate. Find the time ?

The true discount on

Find the present worth of

The banker's discount and the true discount on a sum of money due 8 months hence are Rs. 52 and Rs. 50, respectively. Find the sum and the rate percent ?

The true discount on a bill of Rs. 1860 due after 8 months is Rs. 60. Find the banker's gain ?

The banker's discount on a bill due 6 months hence at 6% is Rs. 37.08. Find the true discount ?

The present worth of a certain bill due sometime hence is Rs. 800 and the true discount is Rs. 36. Then the banker's discount is ?

The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is ?

The banker's gain on a certain sum due 1 1 years hence is 3 of the banker's

2 25

discount. The rate percent is:

The banker's discount on a certain sum due 2 years hence is 11 of the true discount.

10

The rate percent is:

The difference between Simple Interest and True Discount on a certain sum of money, paid by Mr Manohar, for 6 months at
12 1 % per annum is Rs. 25. Find the sum (Rs.).
2

77.	The present worth of a bill due sometime, hence is 2200 and true discount on the bill is 220. Find the banker's discount and banker's gain ?
A.	BG = 22 and BD = 242
B.	BG = 242 and BD = 22
C.	BG = 11 and BD = 121
D.	BG = 31 and BD = 343
Answer» B. BG = 242 and BD = 22

79.	What rate percent does a man get for his money when in discounting a bill due 10 months hence he deducts 4% of the amount of the bill ?
A.	5%
B.	6%
C.	8%
D.	4%
Answer» B. 6%

81.	A bill is discounted at
A.	10 %
B.	<table><tr><td rowspan="2"> 11</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td align="center">9</td></tr></table>
C.	11 %
D.	<table><tr><td rowspan="2"> 9</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td align="center">9</td></tr></table>
Answer» C. 11 %

82.	Shankara buys a watch for
A.	gains Rs. 55
B.	gains Rs. 50
C.	loses Rs. 30
D.	gains Rs. 30
Answer» C. loses Rs. 30

83.	A bill for Rs.
A.	Rs. 60
B.	Rs. 82
C.	Rs. 90
D.	Rs. 120
Answer» B. Rs. 82

84.	The banker s discount on a certain amount
A.	1%
B.	5%
C.	10%
D.	12%
Answer» C. 10%

88.	Vivek Bhatia wants to sell his scooter. Before him, there are two offers (i) at
A.	12,800
B.	12,000
C.	Both equal
D.	Can t say
Answer» C. Both equal

90.	A bill, drawn on
A.	1,800
B.	4,500
C.	5,400
D.	1,950
Answer» D. 1,950

91.	A banker's paid 5767.50 for a bill of Rs. 5840, drawn on April 4 at 6 months. On what day was the bill discounted the rate of interest being 7% ?
A.	3rd Aug.
B.	4th Aug.
C.	3rd Sep.
D.	3rd July
Answer» B. 4th Aug.

92.	The present worth of a bill due sometime hence is Rs. 1100 and the true discount on the bill is Rs. 110. Find the banker's discount and the extra gain the banker would make in the transaction ?
A.	Rs. 11, Rs. 121
B.	Rs. 21, Rs. 131
C.	Rs. 12, Rs. 122
D.	None of these
Answer» B. Rs. 21, Rs. 131