Banker’s Discount questions and answers in English for competitive exams : This page is all about banker’s discount, banker’s discount question and answer, banker’s discount question and answer in pdf, banker’s discount question and answer pdf download, banker’s discount online test, banker’s discount question and answer with solution, banker’s discount question and answer for competitive exams, solved banker’s discount question and answer etc.
11. The banker’s gain of a certain sum due 3 years hence at 10% per annum is ₹36. What is the present worth?
(A) ₹350
(B) ₹300
(C) ₹400
(D) ₹500
12. The present worth of a certain sum due sometime hence is ₹3400 and the true discount is ₹340 The banker’s gain is
(A) ₹34
(B) ₹21
(C) ₹17
(D) ₹18
13. The banker’s discount on ₹1600 at 15% per annum is the same as true discount on ₹1680 for the same time at the same rate. What is the time in months?
(A) 3
(B) 4
(C) 6
(D) 5
14. The banker’s gain on a certain sum due years hence is of the banker’s discount. What is the rate percent?
(A)
(B)
(C)
(D)
15. The banker’s gain on a sum due 3 years hence at 12% per annum is ₹360. The banker’s discount is
(A) ₹640
(B) ₹1000
(C) ₹360
(D) ₹1360
16. The true discount on a certain sum due 6 months hence at 15% is ₹240. What is the banker’s discount on the same sum for the same time at the same rate?
(A) ₹228
(B) None of these
(C) ₹278
(D) ₹258
17. 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) 11%
(B)
(C)
(D)
18. A banker paid ₹5767.20 for a bill of ₹5840, drawn on 4th April at 6 Three grace days are provided for the legally due date. If the rate of interest was 7%, what was the day on which the bill was discounted?
(A) 3rd August
(B) 3rd October
(C) 3rd March
(D) 3rd September
19. The banker’s discount on a sum of money for 3 years is ₹1116. The true discount on the same sum for 4 years is ₹1200. What is the rate percent?
(A) 6%
(B) 10%
(C) 8%
(D) 12%
20. The true discount on a bill of ₹2160 is ₹360. What is the banker’s discount?
(A) ₹432
(B) ₹422
(C) ₹442
(D) ₹412