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Home Aptitude Banker's Discount Comments

  • Question
  • 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)%

  • Correct Answer
  • (x+y-xy100)% 

  • Tags: Bank Exams

    Banker's Discount problems


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    • 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. The true discount on a bill of Rs. 2160 is Rs. 360. What is the banker's discount?

    • Options
    • A. Rs. 432
    • B. Rs. 422
    • C. Rs. 412
    • D. Rs. 442
    • Discuss
    • 4. 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
    • 5. 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
    • 6. 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
    • Discuss
    • 7. 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.

    • Options
    • A. 4 months
    • B. 5 months
    • C. 6 months
    • D. 3 months
    • Discuss
    • 8. The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is:

    • Options
    • A. 78
    • B. 96
    • C. 105
    • D. 85
    • Discuss
    • 9. The present worth of a certain sum due sometime hence is Rs. 3400 and the true discount is Rs. 340. The banker's gain is:

    • Options
    • A. Rs. 21
    • B. Rs. 17
    • C. Rs. 18
    • D. Rs. 34
    • Discuss
    • 10. What is the present worth of a bill of Rs.1764 due 2 years hence at 5% compound interest is

    • Options
    • A. Rs. 1600
    • B. Rs. 1200
    • C. Rs. 1800
    • D. Rs. 1400
    • Discuss


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