Banking Question:

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The banker'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:
A. Rs. 360
B. Rs. 432
C. Rs. 540
D. Rs. 1080

Banking Interview Question
Banking Interview Question

Answer:

A. Rs. 360

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The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The banker's gain is:
A. Rs. 20
B. Rs. 24
C. Rs. 16
D. Rs. 12		In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment of:
A. Rs. 3100
B. Rs. 6240
C. Rs. 6500
D. Rs. 9600