Bankers Discount Examples and Problems

 

Banker's Discount Examples :: Aptitude Question

 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 gain on a bill due 1 year hence at 10% per annum is Rs. 20. What is the true discount?

1. A. Rs. 200       👈Correct Answer

2. B. Rs. 100      

3. C. Rs. 150      

4. D. Rs. 250  

5.     

2.  

    

   The banker's gain of a certain sum due 3 years hence at 10% per annum is Rs. 36. What is the present worth ?

1. A. Rs. 400       👈Correct Answer

2. B. Rs. 300      

3. C. Rs. 500      

4. D. Rs. 350  

5.     

3.  

    

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

1. A. 500     

2. B. 750      

3. C. 890      

4. D. 1020        👈Correct Answer

5. 
   

4.  

    

   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:

1. A. Rs. 21     

2. B. Rs. 17      

3. C. Rs. 18      

4. D. Rs. 34        👈Correct Answer

5. 
   

5.  

    

   The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 360. The banker's discount is:

1. A. Rs. 1360       👈Correct Answer

2. B. Rs. 1000      

3. C. Rs. 360      

4. D. Rs. 640      

5. 
   

6.  

    

   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 percent?

1. A. 8%     

2. B. 12%      

3. C. 10%      

4. D. 6%        👈Correct Answer

5. 
   

7.  

    

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

1. A. Rs. 600       👈Correct Answer

2. B. Rs. 500      

3. C. Rs. 400      

4. D. Rs. 300 

5.      

8.  

    

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

1. A. Rs. 1600       👈Correct Answer

2. B. Rs. 1200      

3. C. Rs. 1800      

4. D. Rs. 1400 

5.      

9.  

    

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

1. A. Rs. 2     

2. B. Rs. 1.25        👈Correct Answer

3. C. Rs. 2.25      

4. D. Rs. 0.5 

5.      

10.  

     

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

1. A. Rs. 400     

2. B. Rs. 300      

3. C. Rs. 100      

4. D. Rs. 200       👈Correct Answer

5. 
   

11.  

     

    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?

1. A. Rs. 19     

2. B. Rs. 22      

3. C. Rs. 20      

4. D. Rs. 21        👈Correct Answer

5. 
   

12.  

     

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

1. A. Rs. 432       👈Correct Answer

2. B. Rs. 422      

3. C. Rs. 412      

4. D. Rs. 442 

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