# Aptitude:: Banker's Discount

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### Exercise

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#### The banker's discount on a certain sum due 2 years hence is $\frac{11}{10}$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 $1\tfrac{1}{2}$ years hence is $\frac{3}{25}$of the banker's discount. The rate percent is:

 A. $5\tfrac{1}{5}$% B. $9\tfrac{1}{11}$% C. $8\tfrac{1}{8}$% D. $6\tfrac{1}{6}$%

#### 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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