# Banker's Discount Online Test

The banker&apos;s discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:

The banker&apos;s discount on Rs. 1600 at 15% per annum is the same as true discount on Rs. 1680 for the same time and at the same rate. The time is:

The banker&apos;s gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:

The banker&apos;s discount on a sum of money for 1 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:

The banker&apos;s gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker&apos;s discount is:

The banker&apos;s discount of a certain sum of money is Rs. 72 and the true discount on the same sum for the same time is Rs. 60. The sum due is:

The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The banker&apos;s gain is:

The present worth of a certain bill due sometime hence is Rs. 800 and the true discount is Rs. 36. The banker&apos;s discount is:

The banker&apos;s gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:

The banker&apos;s gain on a certain sum due 1 1 years hence is 3 of the banker&apos;s

2 25

discount. The rate percent is:

The present worth of a sum due sometime hence is Rs. 576 and the banker&apos;s gain is Rs. 16. The true discount is:

The true discount on a bill of Rs. 540 is Rs. 90. The banker&apos;s discount is:

The banker&apos;s discount on a certain sum due 2 years hence is 11 of the true discount.

10

The rate percent is:

Description:

Formula's:
1. B.D. = S.I. on bill for unexpired time.

2. B.G. = (B.D.) - (T.D.) = S.I. on T.D. = (T.D.)2
P.W.

3. T.D. P.W. x B.G.

4. B.D. = Amount x Rate x Time
100

5. T.D. = Amount x Rate x Time
100 + (Rate x Time)

6. Amount = B.D. x T.D.
B.D. - T.D.

7. T.D. = B.G. x 100
Rate x Time

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Sherwin Russel
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