Explore topic-wise MCQs in Arithmetic Ability.

This section includes 20 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 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
2.

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
3.

The banker's discount on a sum of money for 3/2 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:

A. 0.1
B. 0.13
C. 0.12
D. 0.15
Answer» D. 0.15
Discussion
4.

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
Discussion
5.

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%
Discussion
6.

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%
Discussion
7.

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
Discussion
8.

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.
Discussion
9.

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.
Discussion
10.

*$_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
11.

*$_The banker's gain on a certain sum due 11/2 years hence is 3/25 of the banker's discount. The rate percent is:?

A. 51/5 %
B. 91/11 %
C. 81/8 %
D. 61/6 %
Answer» C. 81/8 %
Discussion
12.

%_The banker's discount on a sum of money for 11/2 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%
Discussion
13.

_ 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
14.

_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
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 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
Discussion
17.

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
Discussion
18.

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
Discussion
19.

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
Discussion
20.

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
Discussion