**Learn and Practice Free Banker Discount Set 1 questions **

## Click below to Practice Free Banker Discount Set 1 Questions

## You can get answer of the below sample questions by going through the above Question sets.

#### 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.

Option 1: Rs.109

Option 2: Rs.119

Option 3: Rs.129

Option 4: Rs.139

Option 5:

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

Option 1: 1315

Option 2: 1150

Option 3: 1020

Option 4: 980

Option 5:

#### The bankers 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.

Option 1: 7 months

Option 2: 6 months

Option 3: 5 months

Option 4: 4 months

Option 5:

#### The true discount on a bill of Rs. 540 is Rs. 90. The bankers discount is:

Option 1: 108

Option 2: 115

Option 3: 100

Option 4: 120

Option 5:

#### The bankers discount on Rs. 1650 due a certain time hence is Rs. 165. Find the true discount and the bankers gain.

Option 1: 15

Option 2: 20

Option 3: 18

Option 4: 13

Option 5:

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

Option 1: 1457

Option 2: 1320

Option 3: 1140

Option 4: 1260

Option 5:

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

Option 1: 400

Option 2: 800

Option 3: 500

Option 4: 600

Option 5:

#### A bill for Rs. 6000 is drawn on July 14 at 5 months. It is discounted on 5th October at 10%. Find the bankers discount, true discount, bankers gain and the money that the holder of the bill receives.

Option 1: 4390

Option 2: 6580

Option 3: 5880

Option 4: 5350

Option 5:

#### 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 sum for the same time and at the same rate?

Option 1: 50

Option 2: 129

Option 3: 100

Option 4: 160

Option 5:

#### The bankers discount on a certain sum due 2 years hence is11/10of the true discount. The rate percent is:

Option 1: 10%

Option 2: 7%

Option 3: 8%

Option 4: 5%

Option 5:

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