MCQOPTIONS
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MCQOPTIONS
This section includes 60 Mcqs, each offering curated multiple-choice questions to sharpen your General Aptitude knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
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. | s. 76 |
| B. | s. 72 |
| C. | s. 74 |
| D. | s. 4 |
| Answer» B. s. 72 | |
| 2. |
The banker's discount on a sum of money for $$1\frac{1}{2}$$ years is Rs. 120. The true discount on the same sum for 2 years is Rs. 150. What is the rate per cent? |
| A. | $3\frac{1}{3}\,\% $$ |
| B. | $4\frac{1}{3}\,\% $$ |
| C. | $3\frac{2}{3}\,\% $$ |
| D. | $4\frac{2}{3}\,\% $$ |
| Answer» B. $4\frac{1}{3}\,\% $$ | |
| 3. |
The true discount on a certain sum due 6 months hence at 15% is Rs. 240. What is the banker's discount on the same sum for the same time at the same rate? |
| A. | s. 258 |
| B. | s. 278 |
| C. | s. 228 |
| D. | one of these |
| Answer» B. s. 278 | |
| 4. |
The true discount on a bill for Rs. 2520 due 6 months hence at 10% per annum is |
| A. | s. 180 |
| B. | s. 140 |
| C. | s. 80 |
| D. | s. 120 |
| Answer» E. | |
| 5. |
The present worth of a certain bill due sometime hence is Rs. 400 and the true discount is Rs. 20. What is the banker's discount? |
| A. | s. 19 |
| B. | s. 22 |
| C. | s. 20 |
| D. | s. 21 |
| Answer» E. | |
| 6. |
The banker's discount and the true discount on a sum of money due 8 months hence are Rs. 120 and Rs. 110 respectively. Find the rate percent. |
| A. | $\frac{{120}}{{11}}\,\% $$ |
| B. | $\frac{{130}}{{11}}\,\% $$ |
| C. | $\frac{{140}}{{11}}\,\% $$ |
| D. | $\frac{{150}}{{11}}\,\% $$ |
| Answer» E. | |
| 7. |
The present worth of a sum due sometimes hence is Rs.5760 and the baker's gain is Rs.10. What is the true discount? |
| A. | s. 480 |
| B. | s. 420 |
| C. | s. 120 |
| D. | s. 240 |
| Answer» E. | |
| 8. |
The banker's discount on a sum of money for 3 years is Rs. 1116. The true discount on the same sum for 4 years is Rs. 1200. What is the rate per cent? |
| A. | % |
| B. | 2% |
| C. | 0% |
| D. | % |
| Answer» E. | |
| 9. |
The Banker Gain on a certain sum 4 years hence at 5% is Rs. 200. What is the present worth? |
| A. | s. 4500 |
| B. | s. 6000 |
| C. | s. 5000 |
| D. | s. 4000 |
| Answer» D. s. 4000 | |
| 10. |
The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 360. The banker's discount is: |
| A. | s. 1360 |
| B. | s. 1000 |
| C. | s. 360 |
| D. | s. 640 |
| Answer» B. s. 1000 | |
| 11. |
The banker's discount of a certain sum of money is Rs. 36 and the true discount on the same sum for the same time is Rs. 30. What is the sum due? |
| A. | s. 180 |
| B. | s. 120 |
| C. | s. 220 |
| D. | s. 200 |
| Answer» B. s. 120 | |
| 12. |
A bill is discounted at 10% per annum. If banker's discount is allowed, at what rate percent should the proceeds be invested so that nothing will be lost? |
| A. | $10\frac{1}{9}\,\% $$ |
| B. | $11\frac{1}{9}\,\% $$ |
| C. | $11\,\% $$ |
| D. | $10\frac{2}{9}\,\% $$ |
| Answer» C. $11\,\% $$ | |
| 13. |
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. | um = Rs. 400 and Time = 5 years |
| B. | um = Rs. 200 and Time = 2.5 years |
| C. | um = Rs. 400 and Time = 2.5 years |
| D. | um = Rs. 200 and Time = 5 years |
| Answer» D. um = Rs. 200 and Time = 5 years | |
| 14. |
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. | s. 400 |
| B. | s. 300 |
| C. | s. 500 |
| D. | s. 350 |
| Answer» B. s. 300 | |
| 15. |
The banker's gain on a bill due 1 year hence at 10% per annum is Rs. 20. What is the true discount? |
| A. | s. 200 |
| B. | s. 100 |
| C. | s. 150 |
| D. | s. 250 |
| Answer» B. s. 100 | |
| 16. |
The B.D. and T.D. on a certain sum is Rs. 200 and Rs. 100 respectively. Find out the sum. |
| A. | s. 400 |
| B. | s. 300 |
| C. | s. 100 |
| D. | s. 200 |
| Answer» E. | |
| 17. |
What rate present does a man get for his money when in discounting a bill due 10 months hence he deducts10%of the amount of the bill ? |
| A. | $12\frac{1}{2}\,\% $$ |
| B. | $13\frac{1}{5}\,\% $$ |
| C. | $13\frac{1}{3}\,\% $$ |
| D. | $13\frac{3}{7}\,\% $$ |
| Answer» D. $13\frac{3}{7}\,\% $$ | |
| 18. |
What is the banker’s discount, if the true discount on a bill of Rs. 840 is Rs.105? |
| A. | s. 100 |
| B. | s. 110 |
| C. | s. 120 |
| D. | s. 130 |
| Answer» D. s. 130 | |
| 19. |
The banker’s gain on a bill due 2 years hence at 10% per annum is Rs.10. What is the true discount? |
| A. | s. 20 |
| B. | s. 30 |
| C. | s. 40 |
| D. | s. 50 |
| Answer» E. | |
| 20. |
Find the rate percent if the banker’s gain on a certain sum due two and a half year hence is $$\frac{1}{5}$$ of the banker’s discount. |
| A. | % |
| B. | 0% |
| C. | 5% |
| D. | 0% |
| Answer» B. 0% | |
| 21. |
If the banker’s discount on a certain amount of money is Rs. 80 and the true discount on the same amount for the same time duration is Rs. 64, then the amount due is: |
| A. | 10 |
| B. | 20 |
| C. | 30 |
| D. | 40 |
| Answer» C. 30 | |
| 22. |
The banker's discount on Rs. 1650 due a certain time hence is Rs. 165. Find the true discount and the banker's gain |
| A. | 5 |
| B. | 0 |
| C. | 8 |
| D. | 3 |
| Answer» B. 0 | |
| 23. |
The bankers discount on Rs. 1800 at 12% per annum is equal to the true discount on Rs 1872 for the same time at the same rate. Find the time. |
| A. | months |
| B. | months |
| C. | months |
| D. | months |
| Answer» B. months | |
| 24. |
The present worth of a bill due sometime hence is Rs. 1100 and the true discount on the bill is Rs. 110. Find the banker’s discount and the banker’s gain. |
| A. | 20 |
| B. | 21 |
| C. | 30 |
| D. | 51 |
| Answer» C. 30 | |
| 25. |
The banker's discount on a certain sum due 2 years hence is $$\frac{{11}}{{10}}$$ of the true discount. The rate percent is: |
| A. | 1% |
| B. | 0% |
| C. | % |
| D. | .5% |
| Answer» D. .5% | |
| 26. |
What is the difference between the banker's discount and the true discount on Rs. 8100 for 3 months at 5% |
| A. | s. 2 |
| B. | s. 1.25 |
| C. | s. 2.25 |
| D. | s. 0.5 |
| Answer» C. s. 2.25 | |
| 27. |
A bill for Rs. 3000 is drawn on 14th July at 5 months. It is discounted on 5th October at 10%. What is the Banker's Discount? |
| A. | s. 60 |
| B. | s. 82 |
| C. | s. 90 |
| D. | s. 120 |
| Answer» B. s. 82 | |
| 28. |
The present worth of a certain bill due sometime hence is Rs.400 and the true discount is Rs. 20. What is the banker's discount? |
| A. | s. 19 |
| B. | s. 22 |
| C. | s. 20 |
| D. | s. 21 |
| Answer» E. | |
| 29. |
What is the present worth of a bill of Rs. 1764 due 2 years hence at 5% compound interest is |
| A. | s. 1600 |
| B. | s. 1200 |
| C. | s. 1800 |
| D. | s. 1400 |
| Answer» B. s. 1200 | |
| 30. |
The banker's gain on a sum due 6 years hence at 12% per annum is Rs. 540. What is the banker's discount? |
| A. | 240 |
| B. | 120 |
| C. | 190 |
| D. | 290 |
| Answer» E. | |
| 31. |
The banker's gain on a certain sum due $$1\frac{1}{2}$$ years hence is $$\frac{3}{{25}}$$ of the banker's discount. The rate percent is: |
| A. | $5\frac{1}{5}$$ % |
| B. | $9\frac{1}{{9}}$$ % |
| C. | $8\frac{1}{8}$$ % |
| D. | $6\frac{1}{6}$$ % |
| Answer» C. $8\frac{1}{8}$$ % | |
| 32. |
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: |
| A. | 0% |
| B. | 3% |
| C. | 2% |
| D. | 5% |
| Answer» D. 5% | |
| 33. |
The banker's discount on a certain sum due 2 years hence is 11/10 of the true discount. The rate percent is: |
| A. | 11% |
| B. | 10% |
| C. | 5% |
| D. | 5.5% |
| Answer» D. 5.5% | |
| 34. |
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 | |
| 35. |
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. | |
| 36. |
The banker's gain on a certain sum due 1(1/2) years hence is 3/25 of the banker's 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)% | |
| 37. |
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. | |
| 38. |
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 | |
| 39. |
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. 20 |
| B. | Rs. 24 |
| C. | Rs. 16 |
| D. | Rs. 12 |
| Answer» D. Rs. 12 | |
| 40. |
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. 360 |
| B. | Rs. 432 |
| C. | Rs. 540 |
| D. | Rs. 1080 |
| Answer» B. Rs. 432 | |
| 41. |
If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is: |
| A. | Rs. 768 |
| B. | Rs. 968 |
| C. | Rs. 1960 |
| D. | Rs. 2400 |
| Answer» B. Rs. 968 | |
| 42. |
The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is: |
| A. | Rs. 1325 |
| B. | Rs. 1300 |
| C. | Rs. 1350 |
| D. | Rs. 1500 |
| Answer» B. Rs. 1300 | |
| 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 | |
| 44. |
The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 85 and Rs. 80 respectively. The sum is: |
| A. | Rs. 1800 |
| B. | Rs. 1450 |
| C. | Rs. 1360 |
| D. | Rs. 6800 |
| Answer» D. Rs. 6800 | |
| 45. |
The interest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 due 2 years hence. If the rate of interest is the same in both cases, it is: |
| A. | 12% |
| B. | 14% |
| C. | 15% |
| D. | 16(2/3) |
| Answer» C. 15% | |
| 46. |
Rs. 20 is the true discount on Rs. 260 due after a certain time. What will be the true discount on the same sum due after half of the former time, the rate of interest being the same? |
| A. | Rs. 10 |
| B. | Rs. 10.40 |
| C. | Rs. 15.20 |
| D. | Rs. 13 |
| Answer» C. Rs. 15.20 | |
| 47. |
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. | 10% |
| B. | 13% |
| C. | 12% |
| D. | 15% |
| Answer» D. 15% | |
| 48. |
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 | |
| 49. |
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 | |
| 50. |
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 | |