Aptitude Preparation: Mock Test, IT Campus Placement, Aptitude Questions and Answers

Subject: Bankers Discounts 3

**Part 3: List for questions and answers of Bankers Discounts**

**Q1. The banker’s discount on a bill due 4 months hence at 15% is Rs. 420. What is the true discount?**

a) Rs. 410

b) Rs. 400

c) Rs. 390

d) Rs. 380

**Q2. The B.D. and T.D. on a certain sum is Rs.200 and Rs.100 respectively. Find out the sum.**

a) Rs. 400

b) Rs. 300

c) Rs. 100

d) Rs. 200

**Q3. The banker’s discount on a bill due 6 months hence at 6% is Rs. 18.54. What is the true discount?**

a) Rs. 24

b) Rs. 12

c) Rs. 36

d) Rs. 18

**Q4. he 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?**

a) Rs. 19

b) Rs. 22

c) Rs. 20

d) Rs. 21

**Q5. The bankers gain of a certain sum due 2 years hence at 10% per annum is Rs 24 .The percent worth is**

a) 400

b) 800

c) 500

d) 600

**Q6. The banker’s discount on Rs. 1800 at 12% per annum is equal to the true discount on Rs. 1872 for the same time at the same rate. Find the time.**

a) 7 months

b) 6 months

c) 3 months

d) 4 months

**Q7. The banker’s discount on Rs. 1650 due a certain time hence is Rs. 165. Find the true discount and the banker’s gain.**

a) 15

b) 20

c) 18

d) 13

**Q8. 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) 290

b) 480

c) 360

d) 420

**Q9. The banker’s discount on a certain sum due 2 years hence is11/10of the true discount.**

The rate percent is:

a) 10%

b) 7%

c) 8%

d) 5%

**Q10. The banker’s discount on a bill due 6 months hence at 6% is Rs. 18.54. What is the true discount?**

a) Rs. 24

b) Rs. 12

c) Rs. 36

d) Rs. 18

**Q11. The true discount on a bill of Rs. 540 is Rs. 90. The banker’s discount is:**

a) 108

b) 115

c) 100

d) 120

**Q12. The B.G. on a certain sum 4 years hence at 5% is Rs. 200. What is the present worth?**

a) Rs. 4500

b) Rs. 6000

c) Rs. 5000

d) Rs. 4000

**Q13. The bankers discount and true discount on a sum of money due 8 months hence are Rs.120 & Rs.110 resp. Find the sum.**

a) 1457

b) 1320

c) 1140

d) 1260

**Q14. 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) 78

b) 96

c) 105

d) 85

**Q15. The banker’s gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:**

a) 62

b) 58

c) 47

d) 50

**Q16. If the true discount on a certain sum due 6 months hence at 15% is Rs 120.What is the bankers discount on the same for same time and the same rate.**

a) Rs.109

b) Rs.119

c) Rs.129

d) Rs.139

**Q17. 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) 15

b) 16

c) 14

d) 13

**Q18. The B.D. and T.D. on a certain sum is Rs.200 and Rs.100 respectively. Find out the sum.**

a) Rs. 400

b) Rs. 300

c) Rs. 100

d) Rs. 200

**Q19. What is the present worth of a bill of Rs.1764 due 2 years hence at 5% compound interest is**

a) Rs. 1600

b) Rs. 1200

c) Rs. 1800

d) Rs. 1400

**Q20 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:**

a) Rs. 21

b) Rs. 17

c) Rs. 18

d) Rs. 34

**Part 3: List for questions and answers of Bankers Discounts**

Q1. Answer: b

Q2. Answer: d

Q3. Answer: d

Q4. Answer: d

Q5. Answer: d

Q6. Answer: d

Q7. Answer: a

Q8. Answer: c

Q9. Answer: d

Q10. Answer: d

Q11. Answer: a

Q12. Answer: c

Q13. Answer: b

Q14. Answer: b

Q15. Answer: d

Q16. Answer: c

Q17. Answer: b

Q18. Answer: d

Q19. Answer: a

Q20. Answer: d