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Home Aptitude Banker's Discount Comments

  • Question
  • 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:


  • Options
  • A. 290
  • B. 480
  • C. 360
  • D. 420

  • Correct Answer
  • 360 

    Explanation

    Sum =(B.D. x T.D.)/(B.D. - T.D.)

           = Rs. (72 x 60) / (72 - 60)

           = Rs. (72 x 60) /12

           = Rs. 360.


  • Banker's Discount problems


    Search Results


    • 1. What is the difference between the banker's discount and the true discount on Rs.8100 for 3 months at 5%

    • Options
    • A. Rs. 2
    • B. Rs. 1.25
    • C. Rs. 2.25
    • D. Rs. 0.5
    • Discuss
    • 2. The banker's discount on a bill due 6 months hence at 6% is Rs. 18.54. What is the true discount?

    • Options
    • A. Rs. 24
    • B. Rs. 12
    • C. Rs. 36
    • D. Rs. 18
    • Discuss
    • 3. 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.

    • Options
    • A. Rs.109
    • B. Rs.119
    • C. Rs.129
    • D. Rs.139
    • Discuss
    • 4. The present worth of a bill due sometime hence is Rs. 1100 and the true discount on the bill is Rs. 110. Find the banker's discount and the banker's gain.

    • Options
    • A. Rs.145
    • B. Rs.136
    • C. Rs.121
    • D. Rs.112
    • Discuss
    • 5. If the discount on Rs. 498 at 5% simple interest is Rs.18, when is the sum due?

    • Options
    • A. 8 months
    • B. 11 months
    • C. 10 months
    • D. 9 months
    • Discuss
    • 6. 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:

    • Options
    • A. 15
    • B. 16
    • C. 14
    • D. 13
    • Discuss
    • 7. Two consecutive discounts x% and y% is equivalent to the discount

    • Options
    • A. (x-y+xy100)%
    • B. (x+y+xy100)%
    • C. (x-y-xy100)%
    • D. (x+y-xy100)%
    • Discuss
    • 8. A boat sails 15 km of a river towards upstream in 5 hours. How long will it take to cover the same distance downstream, if the speed of current is one-fourth the speed of the boat in still water:

    • Options
    • A. 1.8h
    • B. 3h
    • C. 4h
    • D. 5h
    • Discuss
    • 9. A man can row 9 km/h in still water. It takes him twice as long as to row down. Find the rate of stream of the river?

    • Options
    • A. 3 1⁄3 Kmph
    • B. 3 1⁄9Kmph
    • C. 4 2⁄3 Kmph
    • D. 4 1⁄3 Kmph
    • Discuss
    • 10. A man went downstream for 28 km in a motor boat and immediately returned. It took the man twice as long to make the return trip. If the speed of the river flow were twice as high, the trip downstream and back would take 672 minutes. Find the speed of the boat in still water and the speed of the river flow.

    • Options
    • A. 12 km/hr, 3 km/hr
    • B. 9 km/hr, 3 km/hr
    • C. 8 km/hr, 2 km/hr
    • D. 9 km/hr, 6 km/hr
    • Discuss


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