Home

Banker's Discount MCQ - Multiple Choice Question and Answer

Banker's Discount MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.

Download Objective type questions of Banker's Discount PDF

Visit our PDF store

Question No : 1
The true discount on  a bill of Rs.540 is rs.90 . The banker's discount is?

60
108
110
112

Question No : 2
The present worth of a certain bill due sometime hence is Rs.800 and true discount is Rs.36. The banker's discount is?

37
37.62
34.38
38.98

Question No : 3
The present worth of a certain sum due sometime hence is Rs.1600 and the true discount is Rs.160. The banker's gain is?

20
24
16
12

Question No : 4
The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs.24. The persent worth is?

480
520
600
960

Question No : 5
The gain on abill due 1 year hence at 12% per annum is Rs.6. The true discount is?

72
36
54
50

Question No : 6
The banker's discount on a bill due 4 months hence at 15% is Rs.420. The true discount is?

400
360
480
320

Question No : 7
The banker's gain on a sum due 3 years hence at 12% per annum is Rs.270. The banker's discount is?

960
840
1020
760