Question Answer : Banker's%20Discount-ENGLISH

Q.1	On bill of Rs 1620 true discount is Rs.180. How much banking discount on this bill? A. Rs.162 B. Rs.202.50 C. Rs.204.60 D. Rs.174.20 Answer : Option B Discussion Answer : Option B Error Report!! View Answer Discuss on Question Error In Question
Q.2	9 months later, due to a 5% annual rate on funds true discount is Rs. 240, How much will the banking discount? A. Rs.249 B. Rs.231 C. Rs.243 D. None of these Answer : Option A Discussion Answer : Option A Error Report!! View Answer Discuss on Question Error In Question
Q.3	After some time, on a certain sum of money the banking discount and true discount are Rs 720 and Rs 600, respectively, how much money is paid? A. Rs.3600 B. Rs.4320 C. Rs.5400 D. Rs.4050 Answer : Option A Discussion Answer : Option A Error Report!! View Answer Discuss on Question Error In Question
Q.4	10 months later ,on acertain sum of money the banking discount and true discount are Rs 1300 and Rs 1200 respectively. What is the rate of interest? A. $8 \frac{1}{3} %$ B. 9% C. 10% D. $9 \frac{1}{11} %$ Answer : Option C Discussion Answer : Option C Error Report!! View Answer Discuss on Question Error In Question
Q.5	$AFTER1 \frac{1}{2}$ years , on a certain of money banking discount is Rs 360, and 2 years after true discount payble on same money is Rs 400 . What is the interest rate? A. 10% B. $6 \frac{2}{3} %$ C. 7.5% D. None of these Answer : Option A Discussion Answer : Option A Error Report!! View Answer Discuss on Question Error In Question
Q.6	After some time, present value of a certain sum of money is Rs 1600 and true discount on that money is Rs 120 money and the Rs 1,600 . How much is Banking profit ? A. Rs.10 B. Rs.9 C. Rs.12 D. Rs.16 Answer : Option B Discussion Answer : Option B Error Report!! View Answer Discuss on Question Error In Question
Q.7	Any money due after a certain time, and the present value of Rs 1800 and true discount is Rs.90. Banking discount is? A. Rs.94.50 B. Rs.95.40 C. Rs98.80 D. Rs.108 Answer : Option A Discussion Answer : Option A Error Report!! View Answer Discuss on Question Error In Question
Q.8	A one year later, on a certain money banking profits is Rs 60 at the rate of 5% annual rate on banking profits funds is Rs 60. How much true discount on it? A. Rs.300 B. Rs.600 C. Rs.900 D. Rs.1200 Answer : Option D Discussion Answer : Option D Error Report!! View Answer Discuss on Question Error In Question
Q.9	2 years later, on a certain money banking profit is Rs 120 at the annual rate of 5% . What is the immediate funds? A. Rs.6000 B. Rs.8000 C. Rs.12000 D. None of these Answer : Option C Discussion Answer : Option C Error Report!! View Answer Discuss on Question Error In Question
Q.10	8 months later, on certain sum of money banking profit is Rs 180 at the annual rate of interest $7 \frac{1}{2} %$ . How much will the banking discount? A. Rs.200 B. Rs.205 C. Rs.202.50 D. None of these Answer : Option A Discussion Answer : Option A Error Report!! View Answer Discuss on Question Error In Question
Q.11	3 years later on certain amt of money banking profit is Rs 180 at the annual rate of interest 6%. How much will the banking discount? A. Rs.1080 B. Rs.1000 C. Rs.1180 D. None of these Answer : Option C Discussion Answer : Option C Error Report!! View Answer Discuss on Question Error In Question
Q.12	After some time, present value of certain some of money is Rs 576 and banking discount id Rs 16 . What is the true discount? A. Rs.36 B. Rs.48 C. Rs.72 D. Rs.86 Answer : Option D Discussion Answer : Option D Error Report!! View Answer Discuss on Question Error In Question
Q.13	After a certain time due to the banking discount rate of 6% at Rs 1600 and Rs 1680 at the same time by the same rate payable true discount are equal . How much time is it? A. 6 months B. 8 months C. 10 Months D. 1 year 3 months Answer : Option C Discussion Answer : Option C Error Report!! View Answer Discuss on Question Error In Question
Q.14	Banking discount on any money after 2 years is $\frac{11}{10}$ of true discount’s . What is the annual rate of interest? A. 11% B. 10% C. 5% D. 5.5% Answer : Option C Discussion Answer : Option C Error Report!! View Answer Discuss on Question Error In Question
Q.15	$1 \frac{1}{2}$ Years later, on a certain amt banking profit is $\frac{3}{25}$ of banking discount. What is the annual rate of interest? A. $5 \frac{1}{5} %$ B. $9 \frac{1}{9} %$ C. $8 \frac{1}{8} %$ D. $6 \frac{1}{6} %$ Answer : Option B Discussion Answer : Option B Error Report!! View Answer Discuss on Question Error In Question
Q.16	After certain time present value of bill is Rs 1100 and true discount on that bill is Rs 110 . what will be the banking discount ? A. Rs.121 B. Rs.165 C. Rs.220 D. None of these Answer : Option A Discussion Answer : Option A Error Report!! View Answer Discuss on Question Error In Question
Q.17	2 years later, on certain amt of money banking profit is Rs 160 at the annual rate of 10%. What will the money be paid? A. Rs.4000 B. Rs.3600 C. Rs.3200 D. Rs.4800 Answer : Option D Discussion Answer : Option D Error Report!! View Answer Discuss on Question Error In Question
Q.18	4 months later , banking and true discount of certain amt of money are Rs 515 and Rs 500, respectively. What is the annual rate of interest? A. 7% B. 8% C. 9% D. 10% Answer : Option C Discussion Answer : Option C Error Report!! View Answer Discuss on Question Error In Question

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