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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 mean of marks secured by 45 students in division A of class X is 56, 40 students of division B is 52 and that of 40 students of division C is 50. Find the mean of marks of the students of three divisions of Class X.

    • Options
    • A. 52.1
    • B. 51.4
    • C. 52.8
    • D. 54.2
    • Discuss
    • 2. A factory buys 10 machines. 1 MachineA, 4 MachineB and rest MachineC. Prices of the machines are Rs 90000, Rs 40000 and Rs 40000 respectively. Calculate the average cost of these machines?

    • Options
    • A. 56666.6
    • B. 68333.3
    • C. 45000
    • D. 43500
    • Discuss
    • 3. The average marks of 45 students is shown as 65. It includes a wrong entry of 84 marks instead of 48 marks. The correct average is:

    • Options
    • A. 65.8 marks
    • B. 67.4 marks
    • C. 62.6 marks
    • D. 64.2 marks
    • Discuss
    • 4. The average of 19 consecutive even integers is 50. The highest of these integers is

    • Options
    • A. 88
    • B. 68
    • C. 126
    • D. 100
    • Discuss
    • 5. In a class of 55 students there are 34 girls. The average weight of these girls is 51 Kg and average weight of the full class is 55.2 kgs. What is the average weight of the boys of the class?

    • Options
    • A. 62
    • B. 59.4
    • C. 56.8
    • D. 60
    • 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. The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:

    • Options
    • A. 108
    • B. 115
    • C. 100
    • D. 120
    • Discuss
    • 9. 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
    • 10. 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


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