Home

The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs.24. The persent worth is?

A. 480

B. 520

C. 600

D. 960

Correct Answer : C.


T.D=B.G×100Rate×Time=Rs.24×10010×2=Rs.120P.W=100×T.DRate×Time=Rs.100×12010×2=Rs.600

Download Objective type questions of Banker's Discount PDF

Visit our PDF store

Get all objective type questions of Banker's Discount MCQ

Also checkout these categories

Skin Anatomy and Physiology MCQ MS Office MCQ Statutory Deductions MCQ Order & Ranking MCQ Computer Fundamental MCQ Chemistry in Service of Man MCQ Machine Input Mi-set 2 MCQ Java Programming MCQ Synonyms MCQ Synthesis of Sentences MCQ Races and Games MCQ Photo-Chemistry MCQ

Please do not use chat terms. Example: avoid using "grt" instead of "great".

Submit
Load More..
You can do it
  1. The present worth of a sum due sometime hence is Rs.576 and the banker's gain is Rs.16. The true discount…
  2. The present worth of a certain sum due sometime hence is Rs.1600 and the true discount is Rs.160. The…
  3. The gain on abill due 1 year hence at 12% per annum is Rs.6. The true discount is?
  4. The true discount on  a bill of Rs.540 is rs.90 . The banker's discount is?
  5. The present worth of a certain bill due sometime hence is Rs.800 and true discount is Rs.36. The banker's…
  6. The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs.24. The persent worth is?
  7. The banker's discount on a bill due 4 months hence at 15% is Rs.420. The true discount is?
  8. The banker's discount on Rs.1600 at 15% per annum is the same as true discount on Rs.1680 for the same…
  9. The banker's gain on a sum due 3 years hence at 12% per annum is Rs.270. The banker's discount is?