The bankers discount and the true discount of a sum at 10% per annum simple interest for the same time are Rs.100 and Rs.80 respectively. What is the sum and the time?

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

81 + Mcqs in Banker's Discount Page 2 McqOptions

51.	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

52.	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:
A.	Rs. 13
B.	Rs. 14
C.	Rs. 15
D.	Rs. 16
Answer» E.

Discussion

53.	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:
A.	Rs. 340
B.	Rs. 360
C.	Rs. 390
D.	Rs. 420
Answer» C. Rs. 390

Discussion

54.	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. 95
B.	Rs. 96
C.	Rs. 97
D.	Rs. 98
Answer» C. Rs. 97

Discussion

55.	The banker's discount on a certain sum due 2 years hence is 11/10 of the true discount. 10 The rate percent is:
A.	5%
B.	15%
C.	25%
D.	35%
Answer» B. 15%

Discussion

56.	What is the present worth of a bill of Rs.1764 due 2 years hence at 5% compound interest is
A.	Rs. 1600
B.	Rs. 1200
C.	Rs. 1800
D.	Rs. 1400
Answer» B. Rs. 1200

Discussion

57.	What is the difference between the banker's discount and the true discount on Rs.8100 for 3 months at 5%
A.	Rs. 2
B.	Rs. 1.25
C.	Rs. 2.25
D.	Rs. 0.5
Answer» C. Rs. 2.25

Discussion

58.	Two consecutive discounts x% and y% is equivalent to the discount
A.	(x-y+xy100)%
B.	(x+y+xy100)%
C.	(x-y-xy100)%
D.	(x+y-xy100)%
Answer» E.

Discussion

59.	The true discount on a bill of Rs. 2160 is Rs. 360. What is the banker's discount?
A.	Rs. 432
B.	Rs. 422
C.	Rs. 412
D.	Rs. 442
Answer» B. Rs. 422

Discussion

60.	The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs._x005F_x000D_ 16. The true discount is:
A.	78
B.	96
C.	105
D.	85
Answer» C. 105

Discussion

61.	The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:
A.	108
B.	115
C.	100
D.	120
Answer» B. 115

Discussion

62.	The present worth of a certain sum due sometime hence is Rs. 3400 and the true discount is Rs. 340. The banker's gain is:
A.	Rs. 21
B.	Rs. 17
C.	Rs. 18
D.	Rs. 34
Answer» E.

Discussion

63.	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 banker's gain.
A.	Rs.145
B.	Rs.136
C.	Rs.121
D.	Rs.112
Answer» D. Rs.112

Discussion

64.	The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is_x005F_x000D_ Rs. 160. The banker's gain is:
A.	15
B.	16
C.	14
D.	13
Answer» C. 14

Discussion

65.	The B.G. on a certain sum 4 years hence at 5% is Rs. 200. What is the present worth?
A.	Rs. 4500
B.	Rs. 6000
C.	Rs. 5000
D.	Rs. 4000
Answer» D. Rs. 4000

Discussion

66.	The B.D. and T.D. on a certain sum is Rs.200 and Rs.100 respectively. Find out the sum.
A.	Rs. 400
B.	Rs. 300
C.	Rs. 100
D.	Rs. 200
Answer» E.

Discussion

67.	The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's_x005F_x000D_ discount is:
A.	1315
B.	1150
C.	1020
D.	980
Answer» D. 980

Discussion

68.	The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount_x005F_x000D_ is:
A.	62
B.	58
C.	47
D.	50
Answer» E.

Discussion

69.	The bankers gain of a certain sum due 2 years hence at 10% per annum is Rs 24 .The percent worth is
A.	400
B.	800
C.	500
D.	600
Answer» E.

Discussion

70.	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.	7 months
B.	6 months
C.	3 months
D.	4 months
Answer» E.

Discussion

71.	The bankers 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.	4 months
B.	5 months
C.	6 months
D.	3 months
Answer» B. 5 months

Discussion

72.	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.	15
B.	20
C.	18
D.	13
Answer» B. 20

Discussion

73.	The banker's discount on a bill due 6 months hence at 6% is Rs. 18.54. What is the true discount?
A.	Rs. 24
B.	Rs. 12
C.	Rs. 36
D.	Rs. 18
Answer» E.

Discussion

74.	The banker's discount on a certain sum due 2 years hence is11/10of the true discount._x005F_x000D_ The rate percent is:
A.	0.1
B.	0.07
C.	0.08
D.	0.05
Answer» E.

Discussion

75.	The banker's discount of a certain sum of money is Rs. 72 and the true discount on the_x005F_x000D_ same sum for the same time is Rs. 60. The sum due is:
A.	290
B.	480
C.	360
D.	420
Answer» D. 420

Discussion

76.	The bankers discount and true discount on a sum of money due 8 months hence are Rs.120 & Rs.110 resp. Find the sum.
A.	1457
B.	1320
C.	1140
D.	1260
Answer» C. 1140

Discussion

77.	The bankers discount and the true discount of a sum at 10% per annum simple interest for the same time are Rs.100 and Rs.80 respectively. What is the sum and the time?
A.	Sum = Rs.400 and Time = 5 years
B.	Sum = Rs.200 and Time = 2.5 years
C.	Sum = Rs.400 and Time = 2.5 years
D.	Sum = Rs.200 and Time = 5 years
Answer» D. Sum = Rs.200 and Time = 5 years

Discussion

78.	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?
A.	50
B.	129
C.	100
D.	160
Answer» C. 100

Discussion

79.	If the true discount on a certain sum due 6 months hence at 15% is Rs 120.What is the bankers discount on the same for same time and the same rate.
A.	Rs.109
B.	Rs.119
C.	Rs.129
D.	Rs.139
Answer» D. Rs.139

Discussion

80.	If the discount on Rs. 498 at 5% simple interest is Rs.18, when is the sum due?
A.	8 months
B.	11 months
C.	10 months
D.	9 months
Answer» E.

Discussion

81.	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 discount, true discount, banker's gain and the money that the holder of the bill receives.
A.	4390
B.	6580
C.	5880
D.	5350
Answer» D. 5350

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

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

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:

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:

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

What is the present worth of a bill of Rs.1764 due 2 years hence at 5% compound interest is

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

Two consecutive discounts x% and y% is equivalent to the discount

The true discount on a bill of Rs. 2160 is Rs. 360. What is the banker's discount?

The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs._x005F_x000D_ 16. The true discount is:

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

The present worth of a certain sum due sometime hence is Rs. 3400 and the true discount is Rs. 340. The banker's gain is:

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 banker's gain.

The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is_x005F_x000D_ Rs. 160. The banker's gain is:

The B.G. on a certain sum 4 years hence at 5% is Rs. 200. What is the present worth?

The B.D. and T.D. on a certain sum is Rs.200 and Rs.100 respectively. Find out the sum.

The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's_x005F_x000D_ discount is:

The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount_x005F_x000D_ is:

The bankers gain of a certain sum due 2 years hence at 10% per annum is Rs 24 .The percent worth is

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.

The bankers 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.

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 banker's discount on a bill due 6 months hence at 6% is Rs. 18.54. What is the true discount?

The banker's discount on a certain sum due 2 years hence is11/10of the true discount._x005F_x000D_ The rate percent is:

The banker's discount of a certain sum of money is Rs. 72 and the true discount on the_x005F_x000D_ same sum for the same time is Rs. 60. The sum due is:

The bankers discount and true discount on a sum of money due 8 months hence are Rs.120 & Rs.110 resp. Find the sum.

The bankers discount and the true discount of a sum at 10% per annum simple interest for the same time are Rs.100 and Rs.80 respectively. What is the sum and the time?

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?

If the true discount on a certain sum due 6 months hence at 15% is Rs 120.What is the bankers discount on the same for same time and the same rate.

If the discount on Rs. 498 at 5% simple interest is Rs.18, when is the sum due?

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 discount, true discount, banker's gain and the money that the holder of the bill receives.