Aptitude:: Banker's Discount

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The banker's discount on a certain sum due 2 years hence is of the true discount. The rate percent is:

A. 11% B. 10%
C. 5% D. 5.5%

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

A. Rs. 60 B. Rs. 108
C. Rs. 110 D. Rs. 112

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

A. Rs. 36 B. Rs. 72
C. Rs. 48 D. Rs. 96

The banker's gain on a certain sum due years hence is of the banker's discount. The rate percent is:

A. % B. %
C. % D. %

The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:

A. Rs. 72 B. Rs. 36
C. Rs. 54 D. Rs. 50

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