Directions: Each of the questions given below is followed by series of options among which you have to choose the best one. You can also review your choices by clicking into answer section.
16. The B.D. and T.D. on a certain sum is Rs.200 and Rs.100 respectively. Find out the sum.
A. Rs.400
B. Rs.300
C. Rs.100
D. Rs.200
Answer
Explanation:
No explanation.
17. What is the difference between the banker's discount and the true discount on Rs.8100 for 3 months at 5%
A. Rs. 2
B. Rs. 1.25
C. Rs. 2.25
D. Rs. 0.5
Answer
Explanation:
No explanation.
18. The present worth of a certain bill due sometime hence is Rs. 800 and the true discount is Rs. 36. The banker's discount is:
A.Rs. 37
B.Rs. 37.62
C.Rs. 34.38
D.Rs. 38.98
Answer
Explanation:
B.G. = (T.D.)2= Rs. 36 x 36 = Rs. 1.62
P.W.= 800
B.D. = (T.D. + B.G.) = Rs.(36 + 1.62) = Rs.37.62
19. The banker's discount on a certain sum due 2 years hence is 11/10 of the true discount.The rate percent is:
A.11%
B.10%
C.5%
D.5.5%
Answer
Explanation:
Let T.D. be Re. 1.
Then, B.D. = Rs. 11/10 = Rs. 1.10.
Sum = (Rs. 1.10 x 1) / (1.10 – 1) = Rs. 110/10 = Rs. 11.
S.I. on Rs. 11 for 2 years is Rs. 1.10
Rate = (100 x 1.10)/( 11 x 2) % = 5%.
20. The banker's gain on a certain sum due 1(1/2) years hence is 3/25 of the banker's discount. The rate percent is :
A.5(1/5)%
B.9(1/9)%
C.8(1/8)%
D.6(1/6)%
Answer
Explanation:
21. The banker’s gain on a sum due 3 years hence at 12% per annum is Rs. 270. Then banker’s discount is :
A. 500
B. 750
C. 890
D. 1020
Answer
Explanation:
No explanation
