1. The banker’s gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is: (4)
- 1. Rs. 72
- 2. Rs. 36
- 3. Rs. 54
- 4. Rs. 50
2. The present worth of a sum due sometime hence is Rs. 576 and the banker’s gain is Rs. 16. The true discount is: (4)
- 1. Rs. 36
- 2. Rs. 72
- 3. Rs. 48
- 4. Rs. 96
3. The true discount on a bill of Rs. 540 is Rs. 90. The banker’s discount is: (2)
- 1. Rs. 60
- 2. Rs. 108
- 3. Rs. 110
- 4. Rs. 112
4. The present worth of a certain bill due sometime hence is Rs. 800 and the true discount is Rs. 36. The banker’s discount is: (2)
- 1. Rs. 37
- 2. Rs. 37.62
- 3. Rs. 34.38
- 4. Rs. 38.98
5. The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The banker’s gain is: (3)
- 1. Rs. 20
- 2. Rs. 24
- 3. Rs. 16
- 4. Rs. 12