banker's-discounts

Banker's Discounts

Banker's Discount and True Discount: What is Banker's Discount? Banker's Discount formula for aptitude questions

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Online Aptitude Questions with Answers on Banker's Discounts

Q21. **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.  Rs. 360
  2.  Rs. 432
  3.  Rs. 540
  4.  Rs. 1080

Solution : Rs. 360
Q22. **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.  Rs. 20
  2.  Rs. 24
  3.  Rs. 16
  4.  Rs. 12

Solution : Rs. 16

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Q23. **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.  Rs. 37
  2.  Rs. 37.62
  3.  Rs. 34.38
  4.  Rs. 38.98

Solution : Rs. 37.62
Q24. **The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:**

  1.  Rs. 72
  2.  Rs. 36
  3.  Rs. 54
  4.  Rs. 50

Solution : Rs. 50

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Q25. The banker's gain on a certain sum due 3/2 years hence is 3/25 of the banker' discount. The rate percent is:

  1.  26/5%
  2.  100/11%
  3.  65/8%
  4.  37/6%

Solution : 100/11%
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