Home » Banker’s Discount – Questions and Answers – Quiz 1Banker’s Discount – Questions and Answers – Quiz 1by adminApril 17, 2016 1. The banker’s discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is: Rs. 400 Rs. 360 Rs. 480 Rs. 3202. The banker’s discount on Rs. 1600 at 15% per annum is the same as true discount on Rs. 1680 for the same time and at the same rate. The time is: 3 months 4 months 6 months 8 months3. The banker’s gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is: Rs. 480 Rs. 520 Rs. 600 Rs. 9604. The banker’s discount on a sum of money for 1(1/2)years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is: 10% 13% 12% 15%5. The banker’s gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker’s discount is: Rs. 960 Rs. 840 Rs. 1020 Rs. 760 Score = Correct answers:<br /> Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *CommentName * Email * Website Save my name, email, and website in this browser for the next time I comment.