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Bankers Discount

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Q. If the present value of a bill is Rs. 7200 and the bankers' discount is Rs. 800, what is the face value of the bill?
  • A. Rs. 8000
  • B. Rs. 7200
  • C. Rs. 6000
  • D. Rs. 5000
Q. If the present value of a sum is $4500 and the bankers discount is $500, what is the principal?
  • A. $5000
  • B. $5500
  • C. $6000
  • D. $6500
Q. If the present worth of a sum is $1200 and the banker's discount is $180 at 9% per annum, what is the time period?
  • A. 1 year
  • B. 2 years
  • C. 3 years
  • D. 4 years
Q. If the principal is $15000 and the bankers discount is $2250, what is the rate of interest?
  • A. 10%
  • B. 12%
  • C. 15%
  • D. 18%
Q. If the true discount on a bill of Rs. 3000 due in 5 months is Rs. 150, what is the Banker's Discount at 10% per annum?
  • A. Rs. 200
  • B. Rs. 150
  • C. Rs. 250
  • D. Rs. 300
Q. What is the Banker's Discount on a bill of $2500 due in 9 months at a rate of 8%?
  • A. $150
  • B. $120
  • C. $100
  • D. $180
Q. What is the Banker's Discount on a bill of $500 due in 3 months at a rate of 6% per annum?
  • A. $7.50
  • B. $8.00
  • C. $9.00
  • D. $10.00
Q. What is the Banker's Discount on a bill of Rs. 2000 due in 4 months at 15% per annum?
  • A. Rs. 100
  • B. Rs. 80
  • C. Rs. 60
  • D. Rs. 120
Q. What is the Banker's Discount on a loan of $10000 for 2 years at 5% per annum?
  • A. $1000
  • B. $500
  • C. $2000
  • D. $300
Q. What is the Banker's Discount on a loan of $10000 for 2 years at 6%?
  • A. $1200
  • B. $600
  • C. $800
  • D. $1000
Q. What is the Banker's Discount on a loan of $1500 for 2 years at 6% per annum?
  • A. $180
  • B. $120
  • C. $90
  • D. $60
Q. What is the Banker's Discount on a loan of $2500 for 2 years at 6%?
  • A. $300
  • B. $200
  • C. $150
  • D. $100
Q. What is the Banker's Discount on a loan of $6000 for 2 years at 9% per annum?
  • A. $1080
  • B. $720
  • C. $540
  • D. $900
Q. What is the Banker's Discount on a sum of $1500 for 2 years at 15% per annum?
  • A. $450
  • B. $300
  • C. $225
  • D. $150
Q. What is the Banker's Discount on a sum of $2500 for 2 years at 12% per annum?
  • A. $600
  • B. $500
  • C. $300
  • D. $400
Q. What is the banker's discount on a sum of $5000 due in 5 years at 8% per annum?
  • A. $2000
  • B. $1500
  • C. $1000
  • D. $800
Q. What is the bankers discount on a sum of $10000 due in 4 years at 5%?
  • A. $2000
  • B. $1000
  • C. $500
  • D. $400
Q. What is the effective amount received if a bill of Rs. 20000 is discounted at 10% for 3 months?
  • A. Rs. 19500
  • B. Rs. 19800
  • C. Rs. 19750
  • D. Rs. 19600
Q. What is the effective interest earned if the Banker's Discount on a loan of $2000 for 1 year at 5% is $100?
  • A. $100
  • B. $200
  • C. $50
  • D. $150
Q. What is the effective interest rate if the Banker's Discount on a loan of $2000 for 1 year at 5% is $100?
  • A. 5%
  • B. 10%
  • C. 15%
  • D. 20%
Q. What is the effective interest rate if the Banker's Discount on a loan of $2000 for 2 years at 5% is $200?
  • A. 10%
  • B. 5%
  • C. 15%
  • D. 20%
Q. What is the effective interest rate if the Banker's Discount on a loan of $2000 for 1 year at 15% is $300?
  • A. 15%
  • B. 20%
  • C. 25%
  • D. 10%
Q. What is the face value of a bill if the bankers' discount is Rs. 300, the rate is 10% per annum, and the time is 6 months?
  • A. Rs. 6000
  • B. Rs. 5000
  • C. Rs. 4000
  • D. Rs. 3000
Q. What is the face value of a bill if the bankers' discount is Rs. 500, the rate is 10% per annum, and the time is 6 months?
  • A. Rs. 5000
  • B. Rs. 6000
  • C. Rs. 7000
  • D. Rs. 8000
Q. What is the maturity value of a bill of $1000 with a Banker's Discount of $20 for 3 months?
  • A. $980
  • B. $1000
  • C. $1020
  • D. $1040
Q. What is the present value of a bill of Rs. 10000 due in 1 year at a Banker's Discount of Rs. 800?
  • A. Rs. 9200
  • B. Rs. 10000
  • C. Rs. 8000
  • D. Rs. 8400
Q. What is the present value of a bill of Rs. 10000 due in 1 year with a bankers' discount of Rs. 800?
  • A. Rs. 9200
  • B. Rs. 10000
  • C. Rs. 10800
  • D. Rs. 8800
Q. What is the present value of a bill of Rs. 10000 due in 6 months if the Banker's Discount is Rs. 500?
  • A. Rs. 9500
  • B. Rs. 9000
  • C. Rs. 8500
  • D. Rs. 8000
Q. What is the present value of a bill of Rs. 25000 due in 4 months with a Banker's Discount of Rs. 500?
  • A. Rs. 24500
  • B. Rs. 24000
  • C. Rs. 25000
  • D. Rs. 25500
Q. What is the present value of a sum of $20000 due in 3 years at a bankers discount of 9%?
  • A. $18000
  • B. $17000
  • C. $16000
  • D. $15000
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