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Arithmetic Aptitude :: Banker's Discount

  1. The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is:

  2. A.

    Rs. 36

    B.

    Rs. 72

    C.

    Rs. 48

    D.

    Rs. 96

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  3. The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:

  4. A.

    Rs. 60

    B.

    Rs. 108

    C.

    Rs. 110

    D.

    Rs. 112

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  5. The banker's discount on a certain sum due 2 years hence is \(\frac { 11 } { 10 }\)of the true discount .The rate percent is:

  6. A.

    11%

    B.

    10%

    C.

    5%

    D.

    5.5%

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