## 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%