**Bankers Discount - Aptitude Questions and Answers | Online Bankers Discount MCQ Aptitude Test**

Quiz Name | Bankers Discount |

Category | Online Aptitude Test |

Number of Questions | 15 |

Time | 30 Minutes |

Exam Type | MCQ (Multiple Choice Questions) |

**1.**A banker's discount of 15% on a bill due in four months is Rs. 420. The genuine discount is as follows:

a. Rs. 400

b. Rs. 360

c. Rs. 480

d. Rs. 320

**2.**A genuine discount on Rs. 1680 for the same duration and at the same rate is the same as a banker's discount on Rs. 1600 at 15% per year. The current time is:

a. 3 months

b. 4 months

c. 6 months

d. 8 months

**3.**At a rate of 10% per year, the banker's gain on a specific sum due in two years is Rs. 24. The current value is:

a. Rs. 480

b. Rs.520

c. Rs.600

d. Rs.960

**4.**The banker's discount on a one-year quantity of money is Rs. 558, whereas the real discount on the same value over two years is Rs. 600. The percentage rate is:

a. 10%

b. 13%

c. 12%

d. 15%

**5.**The banker's profit on an amount due in three years at 12% per annum is Rs. 270. The banker's discount is calculated as follows:

a. Rs960

b. Rs840

c. Rs1020

d.Rs 760

**6.**A particular quantity of money has a banker's discount of Rs. 72, whereas the real discount on the same value for the same duration is Rs. 60. The amount owed is:

a.Rs. 360

b. Rs.432

c.Rs. 540

d. Rs.1080

**7.**The definite value of an amount due at some point in the future is Rs. 1600, and the real discount is Rs. 160. The banker's profit is as follows:

a. Rs.20

b. Rs.24

c. Rs.16

d. Rs.12

**8.**The current value of a bill due in the future is Rs. 800, and the real discount is Rs. 36. The banker's discount is calculated as follows:

a. Rs. 37

b. Rs. 37.62

c. Rs. 34.38

d. Rs. 38.98

**9.**At a rate of 12% per year, the banker's profit on a bill due in a year is Rs. 6. The genuine discount is as follows:

a. Rs. 72

b. Rs. 36

c. Rs. 54

d. Rs. 50

**10.**The banker's profit on a particular sum due in one year is three times the banker's 2 25 discount. The percentage rate is:

a. 5 1/5%

b. 9 1/11%

c. 8 1/8%

d. 6 1/6%

**11.**The current value of a payment due at some point in the future is Rs. 576, and the banker's profit is Rs. 16. The genuine discount is as follows:

a. Rs. 36

b. Rs. 72

c. Rs. 48

d. Rs. 96

**12.**On a bill of Rs. 540, the real discount is Rs. 90. The banker's discount is calculated as follows:

a. Rs. 60

b. Rs. 108

c.. Rs. 110

d. . Rs.112

**13.**The banker's discount on an amount due in two years is 11 /10times the real discount. The percentage rate is:

a. 11%

b. 10%

c. 5%

d. 5.5%

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Author Shivam S | Post Updated on Wednesday, March 02, 2022

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