1.The bankers gain of a certain sum due 2 years hence at 10% per annum is Rs 24 .The percent worth is (4)
- 1) 400 2) 800
- 3) 500 4) 600
2.The banker’s discount on Rs. 1800 at 12% per annum is equal to the true discount on Rs. 1872 for the same time at the same rate. Find the time. (4)
- 1) 7 months 2) 6 months
- 3) 3 months 4) 4 months
3.The true discount on a bill of Rs. 540 is Rs. 90. The banker’s discount is: (1)
- 1) 108 2) 115
- 3) 100 4) 120
4.The banker’s discount of a certain sum of money is Rs. 72 and the true discount on thesame sum for the same time is Rs. 60. The sum due is: (3)
- 1) 290 2) 480
- 3) 360 4) 420
5.The banker’s discount on a certain sum due 2 years hence is11/10of the true discount.The rate percent is: (4)
- 1) 10% 2) 7%
- 3) 8% 4) 5%
