#### Banker's Discount Question & Answers

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

discount is:

A) 1315 | B) 1150 |

C) 1020 | D) 980 |

Explanation:

T.D. =(B.G*100)/(R*T)=Rs(270*100)/(12*3) = Rs. 750.

B.D. = Rs.(750 + 270) = Rs. 1020.

Subject: Banker's Discount - Quantitative Aptitude - Arithmetic Ability

Comment Now Report abuse Report Error WorkspaceThe bankers discount and the true discount of a sum at 10% per annum simple interest for the same time are Rs.100 and Rs.80 respectively. What is the sum and the time?

A) Sum = Rs.400 and Time = 5 years | B) Sum = Rs.200 and Time = 2.5 years |

C) Sum = Rs.400 and Time = 2.5 years | D) Sum = Rs.200 and Time = 5 years |

Explanation:

BD = Rs.100

TD = Rs.80

R = 10%

BD = Simple Interest on the face value of the bill for unexpired time =

BD = Simple interest on the face value of the bill for unexpired time= FTR/100 Simple Interest on the face value of the bill for unexpired time BD = Simple Interest on the face value of the bill for unexpired time =

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Submitted By: RajuSubject: Banker's Discount - Quantitative Aptitude - Arithmetic Ability

If the discount on Rs. 498 at 5% simple interest is Rs.18, when is the sum due?

A) 8 months | B) 11 months |

C) 10 months | D) 9 months |

Explanation:

F = Rs. 498

TD = Rs. 18

PW = F - TD = 498 - 18 = Rs. 480

R = 5%

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Submitted By: RajuSubject: Banker's Discount - Quantitative Aptitude - Arithmetic Ability

What is the difference between the banker's discount and the true discount on Rs.8100 for 3 months at 5%

A) Rs. 2 | B) Rs. 1.25 |

C) Rs. 2.25 | D) Rs. 0.5 |

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Submitted By: RajuSubject: Banker's Discount - Quantitative Aptitude - Arithmetic Ability

The banker's discount on a bill due 6 months hence at 6% is Rs. 18.54. What is the true discount?

A) Rs. 24 | B) Rs. 12 |

C) Rs. 36 | D) Rs. 18 |

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Submitted By: RajuSubject: Banker's Discount - Quantitative Aptitude - Arithmetic Ability

The B.D. and T.D. on a certain sum is Rs.200 and Rs.100 respectively. Find out the sum.

A) Rs. 400 | B) Rs. 300 |

C) Rs. 100 | D) Rs. 200 |

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Submitted By: RajuSubject: Banker's Discount - Quantitative Aptitude - Arithmetic Ability