Top 20 Bankers Discount Problems

 

Banker's Discount Problems :: Quantitative Aptitude

 Banker's Discount shortcut tricks, Formula, Method and Notes
 Banker's Discount Questions and answer with solutions pdf
 Books, solved Examples, pdf and Videos on Quantitative Aptitude  -  Banker's Discount

1.  

    

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

1. A. 1%     

2. B. 5%        Correct Answer

3. C. 10%      

4. D. 12%  

5.     

2.  

    

   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.

1. A. 120     

2. B. 121        Correct Answer

3. C. 130      

4. D. 151  

5.     

3.  

    

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

1. A. Rs. 480     

2. B. Rs. 420      

3. C. Rs. 120      

4. D. Rs. 240        Correct Answer

5. 
   

4.  

    

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

1. A. Rs. 108       Correct Answer

2. B. Rs. 120      

3. C. Rs. 102      

4. D. Rs. 106    

5.   

5.  

    

   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?

1. A. Rs. 60       Correct Answer

2. B. Rs. 82      

3. C. Rs. 90      

4. D. Rs. 120   

5.    

6.  

    

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

1. A. 36     

2. B. 52      

3. C. 66      

4. D. 96        Correct Answer

5. 
   

7.  

    

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

1. A. 1240     

2. B. 1120      

3. C. 1190      

4. D. 1290        Correct Answer

5. 
   

8.  

    

   The banker’s gain on a certain sum due 1 and half years hence is 3/25 of the banker’s discount. The rate percent is :

1. A. 3 1/3 %     

2. B. 6 1/6 %      

3. C. 9 1/9 %        Correct Answer

4. D. 9 1/6 %     

5.  

9.  

    

   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?

1. A. Rs. 76       Correct Answer

2. B. Rs. 72      

3. C. Rs. 74      

4. D. Rs. 4 

5.      

10.  

     

    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 :

1. A. Rs. 37.62       Correct Answer

2. B. Rs. 38.75      

3. C. Rs. 39.40      

4. D. Rs. 39.96 

5.      

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?

1. A. Rs. 180       Correct Answer

2. B. Rs. 120      

3. C. Rs. 220      

4. D. Rs. 200   

5.    

12.  

     

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

1. A. 30     

2. B. 40      

3. C. 50        Correct Answer

4. D. 60 

Bankers Discount Questions and problems

 

Banker's Discount Questions :: Quantitative Aptitude

  Banker's Discount shortcut tricks, Formula, Method and Notes
  Banker's Discount Questions and answer with solutions pdf
  Books, solved Examples, pdf and Videos on Quantitative Aptitude  -  Banker's Discount

1.  

    

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

1. A. 120       Correct Answer

2. B. 110      

3. C. 115      

4. D. 125   

5.    

2.  

    

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

1. A. Rs. 400       Correct Answer

2. B. Rs. 360      

3. C. Rs. 480      

4. D. Rs. 320     

5.  

3.  

    

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

1. A. 10     

2. B. 12      

3. C. 6        Correct Answer

4. D. 20   

5.    

4.  

    

   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:

1. A. 3 months     

2. B. 4 months        Correct Answer

3. C. 6 months      

4. D. 8 months 

5.      

5.  

    

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

1. A. 25     

2. B. 50        Correct Answer

3. C. 100      

4. D. 75

5.       

6.  

    

   The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:

1. A. Rs. 480     

2. B. Rs. 520      

3. C. Rs. 600        Correct Answer

4. D. Rs. 960

5.       

7.  

    

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

1. A. Rs. 960     

2. B. Rs. 840      

3. C. Rs. 1020        Correct Answer

4. D. Rs. 760  

5.     

8.  

    

   Find the rate percent if the banker’s gain on a certain sum due two and a half year hence is 1/5 of the banker’s discount.

1. A. 12.5%     

2. B. 15%      

3. C. 10%        Correct Answer

4. D. 7.5%

5.       

9.  

    

   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:

1. A. Rs. 360       Correct Answer

2. B. Rs. 432      

3. C. Rs. 540      

4. D. Rs. 1080    

5.   

10.  

     

    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:

1. A. Rs. 20     

2. B. Rs. 24      

3. C. Rs. 16        Correct Answer

4. D. Rs. 12 

5.      

11.  

     

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

1. A. Rs. 410     

2. B. Rs. 400        Correct Answer

3. C. Rs. 390      

4. D. Rs. 380 

5.      

12.  

     

    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?

1. A. 100     

2. B. 115      

3. C. 120      

4. D. 129        Correct Answer

True Discount Questions and Answers

 

True Discount Questions :: Quantitative Aptitude

 True Discount shortcut tricks, Formula, Method and Notes
 True Discount Questions and answer with solutions pdf
 Books, solved Examples, pdf and Videos on Quantitative Aptitude  -  True Discount

1.  

    

   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?

1. A. Rs. 10     

2. B. Rs. 10.40        👈Correct Answer

3. C. Rs. 15.20      

4. D. Rs. 13

5.       

2.  

    

   The true discount on Rs. 1760 due after a certain time at 12% per annum is Rs. 160. The time after which it is due is:

1. A. 6 months     

2. B. 8 months      

3. C. 9 months      

4. D. 10 months        👈Correct Answer

5. 
   

3.  

    

   The true discount on a sum due 6 months hence at 8% per annum is Rs. 120. The sum due is

1. A. Rs. 2230     

2. B. Rs. 2640      

3. C. Rs. 2958      

4. D. Rs. 3120        👈Correct Answer

5. 
   

4.  

    

   The true discount on a bill due 8 months hence at 8% per annum is Rs. 200. Find the present worth of the bill.

1. A. Rs. 2250     

2. B. Rs. 2850      

3. C. Rs. 3250      

4. D. Rs. 3750        👈Correct Answer

5. 
   

5.  

    

   The true discount on Rs. 3650 due after some time at 5% per annum is Rs. 150. After how much time is the sum due ?

1. A. 3/4 years     

2. B. 3/5 years      

3. C. 6/7 years        👈Correct Answer

4. D. 7/9 years

5.       

6.  

    

   The present worth of Rs. 3240 due 3 years hence at 5% per annum is

1. A. Rs 2500.50     

2. B. Rs 2817.39        👈Correct Answer

3. C. Rs 3215.32      

4. D. Rs 3389.35  

5.     

7.  

    

   If Rs. 20 be allowed as true discount on a bill of Rs. 220 due at the end of a certain time, then the discount allowed on the same sum due at the end of double the time is

1. A. Rs. 36.66       👈Correct Answer

2. B. Rs. 38.22      

3. C. Rs. 39.45      

4. D. Rs. 40.58  

5.     

8.  

    

   If Rs.30 be allowed as true discount on a bill of Rs. 330 due after sometime, what will be the true discount on the same bill for half of the time ?

1. A. Rs. 11.75     

2. B. Rs. 13.24      

3. C. Rs. 15.70        👈Correct Answer

4. D. Rs. 16.90  

5.     

9.  

    

   Hari bought a radio on Rs. 1050 in cash and sold it on the same day for Rs. 1122 payable after 3 months. If the rate of interset is 8% p.a. , how much was Hari's gain ?

1. A. 4.76 %       👈Correct Answer

2. B. 4.92 %      

3. C. 5.20 %      

4. D. 5.26 % 

5.      

10.  

     

    The simple interest and the true discount on a certain sum due 2 years hence are Rs. 30 and Rs. 25 respectively. The rate of interest per annum is

1. A. 10%       👈Correct Answer

2. B. 15%      

3. C. 22%      

4. D. 28%      

5. 
   

11.  

     

    The true discount on Rs. 1250 due after a certain time at 5% per annum is Rs. 50. Find the time after which it is due

1. A. 8 months     

2. B. 10 months        👈Correct Answer

3. C. 12 months      

4. D. 13 months    

5.   

12.  

     

    The simple interest on Rs. 650 for 3 years is equal to the true discount on Rs. 720 for the same time and at the same rate. The rate of ineterst per annum is

1. A. 3.58 %       👈Correct Answer

2. B. 4.28 %      

3. C. 4.66 %      

4. D. 5.32 %