Aptitude True Discount and Banker’s Discount Test Paper 2

6) The certain worth of a certain sum due sometime hence is Rs. 1800. If the true discount is Rs. 180, what is the banker’s gain?

1. 18
2. 19
3. 20
4. 21

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7) The present worth of a certain bill due sometime hence is Rs. 900 and the true discount is Rs. 45. What is the banker’s discount?

1. Rs. 44.25
2. Rs. 45.25
3. Rs. 46.25
4. Rs. 47.25

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8) If the banker’s gain on a bill due one year hence at 14% per annum is Rs. 8.4, what is the true discount?

1. Rs. 60
2. Rs. 65
3. Rs. 70
4. Rs. 75

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9) The banker’s gain on a certain sum due 18 months hence isof the banker’s discount. What is the rate percent?

1. 14.6 %
2. 15.6 %
3. 16.6 %
4. 17.6 %

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10) If the true discount on a certain sum due 6 months hence at 12% is Rs. 120, find the banker’s discount on the same for the same time and at the same rate.

1. Rs. 127.2
2. Rs. 126.2
3. Rs. 125.2
4. Rs. 124.2

Answer: A

Explanation:

B.G. = S.I. on T.D.

Now, B.G. = B.D. ? T.D. = Rs. 7.2
B.D. = B.G. + T.D
= 7.2 + 120 = Rs. 127.2

 

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