# discount. The rate percent is:

Question: discount. The rate percent is: [A]. 5 1 % 5 [B]. 9 1 % 11 [C]. 8 1 % 8 [D]. 6 1 % 6 Answer: Option B Explanation: Let, B.D = Re. 1. Then, B.G. = Re. 3…

# The rate percent is:

Question: The rate percent is: [A]. 11% [B]. 10% [C]. 5% [D]. 5.5% Answer: Option C Explanation: Let T.D. be Re. 1. Then, B.D. = Rs. 11 = Rs. 1.10. 10 Sum = Rs. 1.10 x 1 = Rs. 110…

# 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:

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: [A]. Rs. 360 [B]. Rs. 432 [C]. Rs.…

# The banker’s discount on a sum of money for 1 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:

Question: The banker’s discount on a sum of money for 1 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is: [A]. 10% [B]. 13% [C]. 12% [D].…

# The banker’s discount on Rs. 1600 at 15% per annum is the same as true discount on Rs. 1680 for the same time and at the same rate. The time is:

Question: The banker’s discount on Rs. 1600 at 15% per annum is the same as true discount on Rs. 1680 for the same time and at the same rate. The time is: [A]. 3 months [B]. 4 months [C]. 6…

# The present worth of a sum due sometime hence is Rs. 576 and the banker’s gain is Rs. 16. The true discount is:

Question: The present worth of a sum due sometime hence is Rs. 576 and the banker’s gain is Rs. 16. The true discount is: [A]. Rs. 36 [B]. Rs. 72 [C]. Rs. 48 [D]. Rs. 96 Answer: Option D Explanation:…

# The banker’s gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker’s discount is:

Question: The banker’s gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker’s discount is: [A]. Rs. 960 [B]. Rs. 840 [C]. Rs. 1020 [D]. Rs. 760 Answer: Option C Explanation: T.D. =…

# The banker’s discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:

Question: The banker’s discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is: [A]. Rs. 400 [B]. Rs. 360 [C]. Rs. 480 [D]. Rs. 320 Answer: Option A Explanation: T.D. = B.D. x…

# The banker’s gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:

Question: The banker’s gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is: [A]. Rs. 72 [B]. Rs. 36 [C]. Rs. 54 [D]. Rs. 50 Answer: Option D Explanation: T.D. =…

# The banker’s gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:

Question: The banker’s gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is: [A]. Rs. 480 [B]. Rs. 520 [C]. Rs. 600 [D]. Rs. 960 Answer: Option C Explanation: T.D.…