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Banker's Discount
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Banker's Discount
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25 Questions

1. The interest on Rs. 7,500 for 2 years is the same as the True Discount on Rs. 9,600 due 2 years hence. If the rate of interest is same in both cases, then the rate being charged is %.
2. What is the present worth of a bill of Rs. 1764 due 2 years hence at 5% compound interest is:
3. The banker’s gain of a certain sum due 3 years hence at 10% per annum is Rs. 36. What is the present worth?
4. What is the difference between the banker’s discount and the true discount on Rs. 8100 for 3 months at 5%?
5. The true discount on a bill of Rs. 2160 is Rs. 360. What is the banker’s discount?
6. The true discount on Rs. 2,562 due 4 months hence is Rs. 122. The rate percent is?
7. The banker’s discount on a certain amount due 2 years hence is 1110 of the true discount. What is the rate percent?
8. The present worth of a sum due sometimes hence is Rs. 5760 and the banker’s gain is Rs. 10. What is the true discount?
9. The banker’s gain on a bill due 1 year hence at 10% per annum is Rs. 20. What is the true discount?
10. The banker’s gain on a certain sum due 2 1/2 years hence is 9/25 times of the banker’s discount. What is the rate percent?
11. Harkaran buys a watch for Rs. 1,950 in cash and sells it for Rs. 2,200 at a credit of 1 year. If the rate of interest is 10% per annum, he _____:
12. If the discount on Rs. 498 at 5% simple interest is Rs. 18, when is the sum due?
13. Find the present worth of Rs. 9300, due 3 years hence at 8% per annum. Also find the discount?
14. The true discount on a certain sum of money due after 3 year is Rs. 1,000 and the\simple interest is Rs. 1,200 when Sum, Rate and Time are unchanged. Find the rate percent.
15. The difference between Simple Interest and True Discount on a certain sum of money, paid by Mr Manohar, for 6 months at 12 % per annum is Rs. 25. Find the sum (Rs.).
16. If Rs. 40 be allowed as true discount on a bill of Rs. 440 at the end of a certain time, then the discount allowed on the same sum due at the end of double the time is Rs.?
17. The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is Rs.
18. The present worth of a certain bill due sometime hence is Rs. 1296 and the true discount is Rs. 72. What is the banker’s discount?
19. The true discount on a bill due 9 months hence at 12% per annum is Rs. 135. Find the amount of the bill and its present worth.
20. The banker’s discount on a bill due 6 months hence at 6% is Rs. 18.54. What is the true discount?
21. If Rs. 20 is the True Discount on Rs. 260 due after a certain time. What will be true discount on the same sum due after half of the former time, the rate of interest being the same?
22. In what time a debt of Rs. 7,920 due may be cleared by immediate cash down payment of Rs. 3,600 at % per month.
23. The true-discount charged by Mr Brahmputra on Rs. 2,480 - due after a certain period at 5% - is Rs. 80. Find the due period in months?
24. A bill is discounted at 10% per annum. If banker’s discount is allowed, at what rate percent should the proceeds be invested so that nothing will be lost?
25. The banker’s discount of a certain sum of money is Rs. 36 and the true discount on the same sum for the same time is Rs. 30. What is the sum due?

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