Bankers Discount – Aptitude Questions and Answers | Online Bankers Discount MCQ Aptitude Test
| Quiz Name | Bankers Discount |
| Category | Online Aptitude Test |
| Number of Questions | 15 |
| Time | 30 Minutes |
| Exam Type | MCQ (Multiple Choice Questions) |
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
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
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
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%
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
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
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
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
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
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%
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
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
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%
