Bankers Discount – Aptitude Questions and Answers | Online Bankers Discount MCQ Aptitude Test

Bankers Discount – Aptitude Questions and Answers | Online Bankers Discount MCQ Aptitude Test

1. A banker’s discount of 15% on a bill due in four months is Rs. 420. The genuine discount is as follows:
a. Rs. 400
b. Rs. 360
c. Rs. 480
d. Rs. 320

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2. A genuine discount on Rs. 1680 for the same duration and at the same rate is the same as a banker’s discount on Rs. 1600 at 15% per year. The current time is:
a. 3 months
b. 4 months
c. 6 months
d. 8 months

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3. At a rate of 10% per year, the banker’s gain on a specific sum due in two years is Rs. 24. The current value is:
a. Rs. 480
b. Rs.520
c. Rs.600
d. Rs.960

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4. The banker’s discount on a one-year quantity of money is Rs. 558, whereas the real discount on the same value over two years is Rs. 600. The percentage rate is:
a. 10%
b. 13%
c. 12%
d. 15%

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5. The banker’s profit on an amount due in three years at 12% per annum is Rs. 270. The banker’s discount is calculated as follows:
a. Rs960
b. Rs840
c. Rs1020
d.Rs 760

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6. A particular quantity of money has a banker’s discount of Rs. 72, whereas the real discount on the same value for the same duration is Rs. 60. The amount owed is:
a.Rs. 360
b. Rs.432
c.Rs. 540
d. Rs.1080

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7. The definite value of an amount due at some point in the future is Rs. 1600, and the real discount is Rs. 160. The banker’s profit is as follows:
a. Rs.20
b. Rs.24
c. Rs.16
d. Rs.12

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8. The current value of a bill due in the future is Rs. 800, and the real discount is Rs. 36. The banker’s discount is calculated as follows:
a. Rs. 37
b. Rs. 37.62
c. Rs. 34.38
d. Rs. 38.98

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9. At a rate of 12% per year, the banker’s profit on a bill due in a year is Rs. 6. The genuine discount is as follows:
a. Rs. 72
b. Rs. 36
c. Rs. 54
d. Rs. 50

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10. The banker’s profit on a particular sum due in one year is three times the banker’s 2 25 discount. The percentage rate is:
a. 5 1/5%
b. 9 1/11%
c. 8 1/8%
d. 6 1/6%

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11. The current value of a payment due at some point in the future is Rs. 576, and the banker’s profit is Rs. 16. The genuine discount is as follows:
a. Rs. 36
b. Rs. 72
c. Rs. 48
d. Rs. 96

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12. On a bill of Rs. 540, the real discount is Rs. 90. The banker’s discount is calculated as follows:
a. Rs. 60
b. Rs. 108
c.. Rs. 110
d. . Rs.112

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13. The banker’s discount on an amount due in two years is 11 /10times the real discount.
The percentage rate is:
a. 11%
b. 10%
c. 5%
d. 5.5%

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