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Home Aptitude Banker's Discount Comments

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


  • Options
  • A. 400
  • B. 800
  • C. 500
  • D. 600

  • Correct Answer
  • 600 

    Explanation

    T.D = (B.G * 100) / (Rate * Time)

    (24*100) / (10 * 2)

    = 120.

     

    P.W = (100 *T.D) / (Rate * Time)

    = (100 * 120) /(10 * 2)

    = 600


  • Banker's Discount problems


    Search Results


    • 1. The average weight of P, Q and R is 71 kg. If the average weight of P and Q be 66 kg and that of Q and R be 76.5 kg, then the weight (in kg) of Q is.

    • Options
    • A. 60
    • B. 72
    • C. 81
    • D. 75
    • Discuss
    • 2. A line cuts the xaxis at the point (3,0) and the yaxis at the point (0,6). What is the equation of the line?

    • Options
    • A. x = 2y + 6
    • B. y = 2x - 6
    • C. x = 2y - 6
    • D. y = 2x + 6
    • Discuss
    • 3. A factory buys 10 machines. 2 MachineA, 3 MachineB and rest MachineC. Prices of the machines are Rs 95000, Rs 60000 and Rs 50000 respectively. What is the average cost of these machines?

    • Options
    • A. 62000
    • B. 68333
    • C. 74666
    • D. 60500
    • Discuss
    • 4. A batsman makes 100 runs in the 25th match of his career. His average runs per match increases by 1.4. Find his average before the 25th match.

    • Options
    • A. 65
    • B. 55
    • C. 75
    • D. 45
    • Discuss
    • 5. The average of 44 consecutive odd numbers is 144.What is the largest number?

    • Options
    • A. 189
    • B. 191
    • C. 187
    • D. 193
    • Discuss
    • 6. The banker's discount on a certain sum due 2 years hence is11/10of the true discount. The rate percent is:

    • Options
    • A. 10%
    • B. 7%
    • C. 8%
    • D. 5%
    • Discuss
    • 7. The banker's discount on Rs. 1650 due a certain time hence is Rs. 165. Find the true discount and the banker's gain.

    • Options
    • A. 15
    • B. 20
    • C. 18
    • D. 13
    • Discuss
    • 8. If the true discount on a certain sum due 6 months hence at 15% is Rs. 120, what is the banker's discount on the same sum for the same time and at the same rate?

    • Options
    • A. 50
    • B. 129
    • C. 100
    • D. 160
    • Discuss
    • 9. 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.

    • Options
    • A. 7 months
    • B. 6 months
    • C. 3 months
    • D. 4 months
    • Discuss
    • 10. The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:

    • Options
    • A. 62
    • B. 58
    • C. 47
    • D. 50
    • Discuss


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