Curioustab

Home » Aptitude » Banker's Discount

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

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

Correct Answer: Rs. 1020

Explanation:

T.D. =	❨	B.G. x 100	❩	= Rs.	❨	270 x 100	❩	= Rs. 750.
		R x T				12 x 3

∴ B.D. = Rs.(750 + 270) = Rs. 1020.

← Previous Question Next Question→

More Questions from Banker's Discount

The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:
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:
The banker's gain of a certain sum of money is Rs. 36 and the true discount on the same sum for the same time and at the same rate is Rs. 30. The sum is?
The banker's gain of a certain sum due 2 years hence at 5% per annum is Rs. 80. The present worth is?
The present worth of a certain due sometime hence is Rs. 1600 and the true discount is Rs. 160. The banker's gain is?
The banker's gain on a sum due 3 years hence at 5% is Rs. 90. The banker's discount is?
The banker's discount on a bill due 6 months hence at 6% is Rs. 37.08. The true discount is?
The true discount on a bill of Rs. 1860 due after 8 months is Rs. 60. Find the banker's discount?
The present worth of a sum due some times hence is Rs. 576 and the banker's gain is Re. 1. The true discount is?
The banker's gain on a certain sum due 2 1/ 2 years hence is 2/23 of the banker's discount on it for the same time and at the same rate. Find the rate percent?

Discussion & Comments

No comments yet. Be the first to comment!

Join Discussion