Quantitative Aptitude

1. The banker’s discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:                 (1)

  1. 1. Rs. 400
  2. 2. Rs. 360
  3. 3. Rs. 480
  4. 4. Rs. 320
2. The banker’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:                                                         (2)

  1. 1. 3 months
  2. 2. 4 months
  3. 3. 6 months
  4. 4. 8 months
3. The banker’s gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:    (3)

  1. 1. Rs. 480
  2. 2. Rs. 520
  3. 3. Rs. 600
  4. 4. Rs. 960
4. The banker’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:                                      (3)

  1. 1. 10%
  2. 2. 13%
  3. 3. 12%
  4. 4. 15%
5. The banker’s gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker’s discount is:       (3)

  1. 1. Rs. 960
  2. 2. Rs. 840
  3. 3. Rs. 1020
  4. 4. Rs. 760