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Home Aptitude Banker's Discount Comments

  • Question
  • 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

  • Correct Answer
  • Rs. 1600 

    Explanation

    Since the compound interest is taken here,

     

      P W 1 + 5 100 2 = 1764

     

    => PW = 1600


  • Banker's Discount problems


    Search Results


    • 1. 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
    • 2. 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
    • 3. 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
    • 4. 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
    • 5. 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
    • 6. The B.D. and T.D. on a certain sum is Rs.200 and Rs.100 respectively. Find out the sum.

    • Options
    • A. Rs. 400
    • B. Rs. 300
    • C. Rs. 100
    • D. Rs. 200
    • Discuss
    • 7. 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
    • 8. 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
    • 9. A boat takes 19 hours for travelling downstream from point A to point B and coming back to a point C which is at midway between A and B. If the velocity of the stream is 4 kmph and the speed of the boat in still water is 14 kmph, what is the distance between A and B ?

    • Options
    • A. 180 km
    • B. 160 km
    • C. 140 km
    • D. 120 km
    • 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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