Aptitude  Bankers Discount  Practice Q&A-Easy

1. The bankers discount on a certain sum due 2 years hence is $\dfrac{11}{10}$ of the true discount.The rate percent is:

 11% 10% 5% 5.5%

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2. The present worth of a certain sum due sometime hence is Rs. 3400 and the true discount is Rs. 340. The bankers gain is:

 Rs. 21 Rs. 17 Rs. 18 Rs. 34

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3. The present worth of a certain bill due sometime hence is Rs. 1296 and the true discount is Rs. 72. What is the bankers discount?

 Rs. 76 Rs. 72 Rs. 74 Rs. 4

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

 Rs. 1360 Rs. 1000 Rs. 360 Rs. 640

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5. The bankers discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:

 Rs. 400 Rs. 360 Rs. 480 Rs. 320

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

 Rs. 72 Rs. 36 Rs. 54 Rs. 50

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7. The present worth of a sum due sometime hence is Rs. 576 and the bankers gain is Rs. 16. The true discount is:

 Rs. 36 Rs. 72 Rs. 48 Rs. 96

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8. The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The bankers gain is:

 Rs. 20 Rs. 24 Rs. 16 Rs. 12

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

 Rs. 200 Rs. 100 Rs. 150 Rs. 250

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

 Rs. 960 Rs. 840 Rs. 1020 Rs. 760

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