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Bankers Discount

Multiple Choice Questions

1.
A single discount equivalent to a discount series 15% and 5% is

32%

20%

21%

21%

21%

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The Banker’s discount on a sum of money for 18 months is Rs. 600 and the true discount on the same sum for 3 years is Rs. 750/-. The rate percentage is:

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Previous Year Papers

Test Series

Test Yourself

Multiple Choice Questions

1. A single discount equivalent to a discount series 15% and 5% is 32% 20% 21% 21%

1.
A single discount equivalent to a discount series 15% and 5% is

32%

20%

21%

21%