Enhance your preparation for competitive exams with a comprehensive collection of multiple-choice questions (MCQs) on Banker’s Discount 3. This page offers a wide range of MCQs sourced from previous year papers of various sectors, including UPSC IAS and more. Strengthen your knowledge and boost your chances of success with these SEO-friendly practice questions.
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Prepare for your upcoming competitive exams with Banker’s Discount 3 MCQs, meticulously curated from previous year papers of various sectors, including the prestigious UPSC IAS and more. Our comprehensive collection of multiple-choice questions will help you gain a thorough understanding of Banker’s Discount concepts and sharpen your problem-solving skills.
Our Banker’s Discount 3 MCQ page provides a valuable resource for aspirants seeking to excel in their exams. Whether you are preparing for UPSC IAS, banking exams, government job entrance tests, or any other competitive exam that includes quantitative aptitude questions, this page offers a diverse range of MCQs to cater to your needs.
Each question on Banker’s Discount 3 is designed to test your understanding of the topic and simulate exam-like conditions. By attempting these MCQs, you will not only strengthen your conceptual knowledge but also familiarize yourself with the exam pattern and enhance your time management skills.
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Banker’s Discount 3– Aptitude GK MCQ – Previous Year Questions
Question:
The present worth of a certain bill due sometime hence is Rs. 1600 and true discount on the bill is Rs. 160. Find the banker's discount and the extra gain the gain banker would make in the transaction ?
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Question:
The holder of a bill for Rs. 17850 nominally due on 21st May, 1991 received Rs. 357 less than the amount of the bill by having it discounted at 5%. When was it discounted ?
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A bill for ₹ 10200 is drawn on July 14 at 5 months. It is discounted on 5th October at 10%. Find the banker's discount, true discount. banker's gain and the money that the holder of the bill receives ?
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Question:
The banker's discount on a certain sum due 4 yr, hence is 11/10 of the true discount. Find the rate per cent per annum.
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The present worth of a bill due sometime hence is Rs. 1100 and the true discount on the bill is Rs. 110. Find the banker's discount and the extra gain the banker would make in the transaction ?
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Question:
The banker’s discount on a certain amount due 2 years hence is 11/10 of the true discount. What is the rate percent?
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Question:
What is the banker’s discount if the true discount on a bill of Rs. 540 is Rs. 90?
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The present worth of a certain bill due sometime hence is Rs. 1296 and the true discount is Rs. 72. What is the banker’s discount?
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Question:
The banker’s gain of a certain sum due 3 years hence at 10 % per annum is Rs. 36. What is the present worth (PW)?
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Question:
The banker’s gain on a certain sum due 2.5 years hence is 9/25 times of the banker’s discount. What is the rate percent?
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Question:
A banker paid Rs. 5767.20 for a bill of Rs. 5840, drawn of April 4 at 6 months. If the rate of interest was 7 %, what was the day on which the bill was discounted?
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Question:
Shankara buys a watch for Rs. 1,950 in cash and sells it for Rs. 2,200 at a credit of 1 year. If the rate of interest is 10% per annum, he _____ :
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Question:
A bill for Rs. 3000 is drawn on 14th July at 5 months. It is discounted on 5th October at 10 %. What is the Banker’s Discount BD?
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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. What is the time?
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Question:
Vivek Bhatia wants to sell his scooter. Before him, there are two offers (i) at Rs. 12,000 cash and (ii) at a credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum which is better offer?
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Question:
If Rs. 40 be allowed as true discount on a bill of Rs. 440 at the end of a certain time, then the discount allowed on the same sum due at the end of double the time is Rs. ?
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Question:
A bill, drawn on 23rd Jun 2017 falls due in 1 year. The creditor agrees to accept immediate payment of the half and to defer the payment of the other half payable on 22nd Jun 2019. By this arrangement interest charged is Rs. 60. What is the amount (Rs.) of the bill, if the money be worth 12.5%?
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Question:
The 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?
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Question:
The banker’s gain on a sum due 6 years hence at 12% per annum is Rs. 540. What is the banker’s discount?
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Question:
The banker’s discount on a sum of money for 3 years is Rs. 1116. The true discount on the same sum for 4 years is Rs. 1200. What is the rate percent?
