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Discount aptitude questions and answers - Page 1
1. The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:
A. 12
B. 13
C. 14
D. 15
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2. The banker discount on Rs. 1800 at 12% per annum is equal to the true discount on Rs.1872 for the same time at the same rate. Find the time?
A. 3 months
B. 4 months
C. 5 months
D. 6 months
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3. The banker gain on a bill due due 1 year hence at 12% per annum is Rs. 6. The true discount is
A. Rs. 72
B. Rs. 36
C. Rs. 54
D. Rs. 50
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4. If the true discount on a certain sum due 6 months hence at 15% is Rs. 120. What is the banker discount on the same sum for the same time and at the same rate?
A. Rs. 119
B. Rs. 129
C. Rs. 131
D. Rs. 139
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5. The banker discount of a certain sum of money is Rs. 72 and the true discount on the same sum for the same time is Rs. 60. The sum due is
A. Rs. 360
B. Rs. 432
C. Rs. 540
D. Rs.1080
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