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Home Aptitude Banker's Discount Comments

  • Question
  • The present worth of a certain due sometime hence is Rs. 1600 and the true discount is Rs. 160. The banker's gain is?


  • Options
  • A. Rs. 10
  • B. Rs. 16
  • C. Rs. 20
  • D. Rs. 24

  • Correct Answer
  • Rs. 16 

    Explanation

    B.G. = (T.D.)2 / P.W.
    = Rs. (160 x 160) / 1600
    = Rs. 16


  • Banker's Discount problems


    Search Results


    • 1. 
      The banker's gain of a certain sum due 2 years hence at 5% per annum is Rs. 80. The present worth is?

    • Options
    • A. Rs. 800
    • B. Rs. 1600
    • C. Rs. 1200
    • D. Rs. 880
    • Discuss
    • 2. 
      The banker's gain of a certain sum of money is Rs. 36 and the true discount on the same sum for the same time and at the same rate is Rs. 30. The sum is?

    • Options
    • A. Rs. 1080
    • B. Rs. 180
    • C. Rs. 500
    • D. Rs. 300
    • Discuss
    • 3. 
      The length of a shadow of a vertical tower is 1
      ?3
      times of its height. The angle of elevation of the Sun is :

    • Options
    • A. 30 °
    • B. 45 °
    • C. 60 °
    • D. 90 °
    • Discuss
    • 4. 
      The angles of elevation of the top of a tower from the points P and Q, at distances of 'a' and 'b' respectively from the base of the tower and in the same straight line with it are complementary. The height of the tower is :

    • Options
    • A. ?ab
    • B. a b
    • C. ab
    • D. a2b2
    • Discuss
    • 5. 
      ABCD is a rectangle where the ratio of the lengths of AB and BC is 3 : 2. If P is the midpoint of AB, then the value of sin (?CPB) is :

    • Options
    • A. 3 5
    • B. 2 5
    • C. 3 4
    • D. 4 5
    • Discuss
    • 6. 
      The banker's gain on a sum due 3 years hence at 5% is Rs. 90. The banker's discount is?

    • Options
    • A. Rs. 690
    • B. Rs. 720
    • C. Rs. 810
    • D. Rs. 150
    • Discuss
    • 7. 
      The banker's discount on a bill due 6 months hence at 6% is Rs. 37.08. The true discount is?

    • Options
    • A. Rs. 6.18
    • B. Rs. 12.36
    • C. Rs. 48
    • D. Rs. 36
    • Discuss
    • 8. 
      The true discount on a bill of Rs. 1860 due after 8 months is Rs. 60. Find the banker's discount?

    • Options
    • A. Rs . 62
    • B. Rs .52
    • C. Rs . 60
    • D. None of these
    • Discuss
    • 9. 
      The present worth of a sum due some times hence is Rs. 576 and the banker's gain is Re. 1. The true discount is?

    • Options
    • A. Rs. 16
    • B. Rs. 18
    • C. Rs. 24
    • D. Rs. 32
    • Discuss
    • 10. 
      The banker's gain on a certain sum due 2 1/ 2 years hence is 2/23 of the banker's discount on it for the same time and at the same rate. Find the rate percent?

    • Options
    • A. 5%
    • B. 4%
    • C. 8%
    • D. 6%
    • Discuss


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