Explore topic-wise MCQs in Arithmetic Ability.

This section includes 81 Mcqs, each offering curated multiple-choice questions to sharpen your Arithmetic Ability knowledge and support exam preparation. Choose a topic below to get started.

1.

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. 5 1 % 5
B. 9 1 % 11
C. 8 1 % 8
D. 6 1 % 6
Answer» C. 8 1 % 8
Discussion
2.

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

A. 11%
B. 10%
C. 5%
D. 5.5%
Answer» D. 5.5%
Discussion
3.

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%
Discussion
4.

 The present worth of a sum due sometimes hence is Rs.5760 and the baker's gain is Rs.10. What is the true discount?

A. Rs. 480
B. Rs. 420
C. Rs. 120
D. Rs. 240
Answer» E.
Discussion
5.

 The banker's gain of a certain sum due 3 years hence at 10% per annum is Rs. 36. What is the present worth ?

A. Rs. 400
B. Rs. 300
C. Rs. 500
D. Rs. 350
Answer» B. Rs. 300
Discussion
6.

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

A. 10/3%
B. 20/3%
C. 50/3%
D. 40/3%
Answer» E.
Discussion
7.

 A bill for Rs. 6000 is drawn on July 14 at 5 months. It is discounted on 5th October at 10%. Find the banker's gain.

A. 2.36
B. 2.40
C. 2.45
D. 2.50
Answer» B. 2.40
Discussion
8.

 The banker's gain on a bill due 1 year hence at 10% per annum is Rs. 20. What is the true discount?

A. Rs. 200
B. Rs. 100
C. Rs. 150
D. Rs. 250
Answer» B. Rs. 100
Discussion
9.

 A bill for Rs. 6000 in drawn on July 14 at 5 months. It is discounted on 5 th October at 10% . Find the banker's discount, true discount banker's gain and the money that the holder of the bill recei

A. Rs. 5880
B. Rs. 5400
C. Rs. 5788
D. Rs. 6880
Answer» B. Rs. 5400
Discussion
10.

 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 sane sum for the time and at the same rate ?

A. Rs. 120
B. Rs. 125
C. Rs. 129
D. Rs. 132
Answer» D. Rs. 132
Discussion
11.

 The banker's discount on Rs. 1800 at 12%% per annum is equal to the true discount on Rs. 1872 for the same time at the same rate . Find the time .

A. 3months
B. 4 months
C. 5 months
D. 6 months
Answer» C. 5 months
Discussion
12.

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

A. Rs. 115
B. Rs. 118
C. Rs. 121
D. Rs. 125
Answer» D. Rs. 125
Discussion
13.

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

A. Rs. 15
B. Rs. 16
C. Rs 13
D. Rs. 18
Answer» B. Rs. 16
Discussion
14.

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

A. Rs. 60
B. Rs. 108
C. Rs. 110
D. Rs. 112
Answer» C. Rs. 110
Discussion
15.

 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 :

A. Rs. 37
B. Rs. 37.62
C. Rs. 34.38
D. Rs. 38.98
Answer» C. Rs. 34.38
Discussion
16.

 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 :

A. Rs. 20
B. Rs. 24
C. Rs. 16
D. Rs. 12
Answer» D. Rs. 12
Discussion
17.

 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
Discussion
18.

 The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is :

A. Rs. 72
B. Rs. 36
C. Rs. 54
D. Rs. 50
Answer» E.
Discussion
19.

 The banker's discount on a bill due 4 months hence a 5% is Rs. 420 . The true discount is :

A. Rs. 400
B. Rs. 360
C. Rs. 480
D. Rs. 320
Answer» B. Rs. 360
Discussion
20.

 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
Discussion
21.

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

A. Rs. 36
B. Rs. 72
C. Rs. 48
D. Rs. 96
Answer» E.
Discussion
22.

 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 :

A. 3 months
B. 4 months
C. 6 months
D. 8 months
Answer» C. 6 months
Discussion
23.

 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 .

A. 360
B. 432
C. 540
D. 1080
Answer» B. 432
Discussion
24.

 The banker's discount on a certain sum due 2 years hence is11/10of the true discount.

A. 10%
B. 7%
C. 8%
D. 5%
Answer» B. 7%
Discussion
25.

 If the banker’s discount on a certain amount of money is Rs.80 and the true discount on the same amount for the same time duration is Rs.64, then the amount due is:

A. Rs. 310
B. Rs. 320
C. Rs. 330
D. Rs. 340
Answer» C. Rs. 330
Discussion
26.

 The banker’s gain on a bill due 2 years hence at 10% per annum is Rs.10. What is the true discount?

A. Rs. 20
B. Rs. 30
C. Rs. 40
D. Rs. 50
Answer» E.
Discussion
27.

 Find the banker’s gain, if the present worth of a certain amount is Rs.2400 and the true discount is Rs.120.

A. Rs. 5
B. Rs. 6
C. Rs. 7
D. Rs. 8
Answer» C. Rs. 7
Discussion
28.

 What is the banker’s discount, if the true discount on a bill of Rs.840 is Rs.105?

A. Rs. 100
B. Rs. 110
C. Rs. 120
D. Rs. 130
Answer» D. Rs. 130
Discussion
29.

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

A. 11%
B. 12%
C. 13%
D. 14%
Answer» C. 13%
Discussion
30.

 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. 1%
B. 2%
C. 3%
D. 4%
Answer» E.
Discussion
31.

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

A. Rs. 250
B. Rs. 300
C. Rs. 350
D. Rs. 400
Answer» E.
Discussion
32.

 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.

A. 111
B. 121
C. 131
D. 141
Answer» C. 131
Discussion
33.

 The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 360. The banker's discount is:

A. Rs. 1360
B. Rs. 1000
C. Rs. 360
D. Rs. 640
Answer» B. Rs. 1000
Discussion
34.

 A bill for Rs. 3000 is drawn on 14th July at 5 months. It is discounted on 5th October at 10%. What is the Banker's Discount?

A. Rs. 60
B. Rs. 82
C. Rs. 90
D. Rs. 120
Answer» B. Rs. 82
Discussion
35.

 The present worth of a certain bill due sometime hence is Rs. 1296 and the true discount is Rs. 72. What is the banker's discount?

A. Rs. 76
B. Rs. 72
C. Rs. 74
D. Rs. 4
Answer» B. Rs. 72
Discussion
36.

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

A. Rs. 410
B. Rs. 400
C. Rs. 390
D. Rs. 380
Answer» C. Rs. 390
Discussion
37.

 The true discount on a bill for Rs. 2520 due 6 months hence at 10% per annum is

A. Rs. 180
B. Rs. 140
C. Rs. 80
D. Rs. 120
Answer» E.
Discussion
38.

 What is the banker's discount if the true discount on a bill of Rs.540 is Rs.90 ?

A. Rs. 108
B. Rs. 120
C. Rs. 102
D. Rs. 106
Answer» B. Rs. 120
Discussion
39.

 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. What is the time?

A. 3 months
B. 4 months
C. 5 months
D. 6 months
Answer» C. 5 months
Discussion
40.

 The banker's discount of a certain sum of money is Rs. 36 and the true discount on the same sum for the same time is Rs. 30. What is the sum due?

A. Rs. 180
B. Rs. 120
C. Rs. 220
D. Rs. 200
Answer» B. Rs. 120
Discussion
41.

 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
Discussion
42.

 The banker's discount on a sum of money for 3 years is Rs. 1116. The true discount on the same sum for 4 years is Rs. 1200. What is the rate per cent?

A. 8%
B. 12%
C. 10%
D. 6%
Answer» E.
Discussion
43.

 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
Discussion
44.

 The banker's gain on a sum due 6 years hence at 12% per annum is Rs. 540. What is the banker's discount?

A. 1240
B. 1120
C. 1190
D. 1290
Answer» E.
Discussion
45.

 The banker's discount and the true discount on a sum of money due 8 months hence are Rs. 120 and Rs. 110 respectively. Find the rate percent.

A. 120/11%
B. 130/11%
C. 140/11%
D. 150/11%
Answer» E.
Discussion
46.

 The true discount on a certain sum due 6 months hence at 15% is Rs. 240. What is the banker's discount on the same sum for the same time at the same rate?

A. None of these
B. Rs. 278
C. Rs. 228
D. Rs. 258
Answer» E.
Discussion
47.

 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:

A. Rs. 37
B. Rs. 37.62
C. Rs. 34.38
D. Rs. 38.98
Answer» C. Rs. 34.38
Discussion
48.

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

A. 10
B. 15
C. 20
D. 25
Answer» C. 20
Discussion
49.

 The present worth of a certain bill due sometime hence is Rs. 400 and the true discount is Rs. 20. What is the banker's discount?

A. Rs. 19
B. Rs. 22
C. Rs. 20
D. Rs. 21
Answer» E.
Discussion
50.

 A man sells Rs.5000, 12 % stock at 156 and uinvests the proceeds parity in 8 % stock at 90 and 9 % stock at 108. He hereby increases his income by Rs. 70. How much of the proceeds were invested in eac

A. 3600(8%),4200(9%)
B. 4000(8%),4200(9%)
C. 3600(8%),4000(9%)
D. 4000(8%),4000(9%)
Answer» B. 4000(8%),4200(9%)
Discussion