# Aptitude - Banker's Discount

@ : Home > Aptitude > Banker's Discount > General Questions

### Exercise

• General Questions
"Two things are infinite: the universe and human stupidity; and I'm not sure about the universe."
- Albert Einstein
1.

The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:

 A. Rs. 400 B. Rs. 360 C. Rs. 480 D. Rs. 320

2.

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

3.

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

4.

The banker's discount on a sum of money for 1 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:

 A. 10% B. 13% C. 12% D. 15%

5.

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