Banker’s Discount question and answers
The banker’s discount on a bill of Rs. 12,000 is Rs. 600. What is the true discount?
A) Rs. 480
B) Rs. 500
C) Rs. 600
D) Rs. 720
Answer: D) Rs. 720
A bill of Rs. 5,000 is discounted for Rs. 4,800. What is the banker’s gain?
A) Rs. 100
B) Rs. 200
C) Rs. 300
D) Rs. 400
Answer: C) Rs. 300
A bill of Rs. 3,500 is discounted for Rs. 3,325. What is the rate of discount?
A) 4%
B) 5%
C) 6%
D) 7%
Answer: C) 6%
The banker’s discount on a bill of Rs. 8,000 is Rs. 400. What is the amount received by the customer?
A) Rs. 7,600
B) Rs. 7,800
C) Rs. 8,000
D) Rs. 8,400
Answer: A) Rs. 7,600
A bill of Rs. 6,500 is discounted for Rs. 6,175. What is the banker’s gain percentage?
A) 4%
B) 5%
C) 6%
D) 7%
Answer: B) 5%
The banker’s discount on a bill of Rs. 15,000 is Rs. 750. What is the true discount?
A) Rs. 600
B) Rs. 700
C) Rs. 750
D) Rs. 900
Answer: D) Rs. 900
A bill of Rs. 4,200 is discounted for Rs. 4,032. What is the rate of discount?
A) 3%
B) 4%
C) 5%
D) 6%
Answer: B) 4%
The banker’s discount on a bill of Rs. 10,000 is Rs. 500. What is the amount received by the customer?
A) Rs. 9,500
B) Rs. 9,700
C) Rs. 10,000
D) Rs. 10,500
Answer: A) Rs. 9,500
A bill of Rs. 7,800 is discounted for Rs. 7,410. What is the banker’s gain percentage?
A) 4%
B) 5%
C) 6%
D) 7%
Answer: C) 6%
The banker’s discount on a bill of Rs. 20,000 is Rs. 1,000. What is the true discount?
A) Rs. 800
B) Rs. 900
C) Rs. 1,000
D) Rs. 1,200
Answer: D) Rs. 1,200
A bill of Rs. 2,500 is discounted for Rs. 2,375. What is the rate of discount?
A) 4%
B) 5%
C) 6%
D) 7%
Answer: B) 5%
The banker’s discount on a bill of Rs. 9,000 is Rs. 450. What is the amount received by the customer?
A) Rs. 8,550
B) Rs. 8,700
C) Rs. 9,000
D) Rs. 9,450
Answer: A) Rs. 8,550
A bill of Rs. 5,200 is discounted for Rs. 4,944. What is the banker’s gain percentage?
A) 4%
B) 5%
C) 6%
D) 7%
Answer: B) 5%
The banker’s discount on a bill of Rs. 18,000 is Rs. 900. What is the true discount?
A) Rs. 720
B) Rs. 800
C) Rs. 900
D) Rs. 1,080
Answer: D) Rs. 1,080
A bill of Rs. 3,000 is discounted for Rs. 2,850. What is the rate of discount?
A) 4%
B) 5%
C) 6%
D) 7%
Answer: C) 6%
The banker’s discount on a bill of Rs. 12,500 is Rs. 625. What is the amount received by the customer?
A) Rs. 11,875
B) Rs. 12,125
C) Rs. 12,500
D) Rs. 13,125
Answer: A) Rs. 11,875
A bill of Rs. 4,800 is discounted for Rs. 4,560. What is the banker’s gain percentage?
A) 4%
B) 5%
C) 6%
D) 7%
Answer: C) 6%
The banker’s discount on a bill of Rs. 15,000 is Rs. 750. What is the true discount?
A) Rs. 600
B) Rs. 700
C) Rs. 750
D) Rs. 900
Answer: D) Rs. 900
A bill of Rs. 6,200 is discounted for Rs. 5,890. What is the rate of discount?
A) 4%
B) 5%
C) 6%
D) 7%
Answer: B) 5%
The banker’s discount on a bill of Rs. 11,000 is Rs. 550. What is the amount received by the customer?
A) Rs. 10,450
B) Rs. 10,650
C) Rs. 11,000
D) Rs. 11,550
Answer: A) Rs. 10,450
A bill of Rs. 3,400 is discounted for Rs. 3,230. What is the banker’s gain percentage?
A) 4%
B) 5%
C) 6%
D) 7%
Answer: B) 5%
The banker’s discount on a bill of Rs. 14,000 is Rs. 700. What is the true discount?
A) Rs. 560
B) Rs. 600
C) Rs. 700
D) Rs. 840
Answer: D) Rs. 840
A bill of Rs. 4,500 is discounted for Rs. 4,275. What is the rate of discount?
A) 4%
B) 5%
C) 6%
D) 7%
Answer: B) 5%
The banker’s discount on a bill of Rs. 8,500 is Rs. 425. What is the amount received by the customer?
A) Rs. 8,075
B) Rs. 8,275
C) Rs. 8,500
D) Rs. 8,925
Answer: A) Rs. 8,075
A bill of Rs. 6,900 is discounted for Rs. 6,555. What is the banker’s gain percentage?
A) 4%
B) 5%
C) 6%
D) 7%
Answer: C) 6%