Aptitude Quiz - Bankers Discount 2

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Today Bankers Adda came back with a New Quiz on Aptitude
Go through the quiz and if you have any doubts please contact bankers adda in the comment section.

1. 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

2. 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

3. The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:

A. Rs. 60
B. Rs. 108
C. Rs. 110
D. Rs. 112

4. 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 months
D. 8 months

5. 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. 540
D. Rs. 1080

6. 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

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