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Aptitude test > Banker's discount
1) What is the banker’s discount, if the true discount on a bill of Rs.840 is
Rs.105?
a) 120
b) 110
c) 115
d) 125
Solution:
2) Find the banker’s gain, if the present worth of a certain amount is Rs.2400
and the true discount is Rs.120.
a) 10
b) 12
c) 6
d) 20
Solution:
3) The banker’s gain on a bill due 2 years hence at 10% per annum is Rs.10.
What is the true discount?
a) 25
b) 50
c) 100
d) 75
Solution:
4) If the banker’s discount on a certain amount of money is Rs.80 and the true
discount on the same amount for the same time duration is Rs.64, then the
amount due is:
a) 320
b) 360
c) 400
d) None of these
Solution:
5) Find the rate percent if the banker’s gain on a certain sum due two and a
half year hence is 1/5 of the banker’s discount.
a) 12.5%
b) 15%
c) 10%
d) 7.5%
Solution:
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