#### The Following Section consists of Multiple Choice Questions on Discount.

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Discount

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- Question 1 of 20
##### 1. Question

1 points#### A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a gain of:

CorrectIncorrect - Question 2 of 20
##### 2. Question

1 points#### The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:

CorrectIncorrect - Question 3 of 20
##### 3. Question

1 points#### A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest 12% per annum, how much cash should he pay?

CorrectIncorrect - Question 4 of 20
##### 4. Question

1 points#### A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other a credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer?

CorrectIncorrect - Question 5 of 20
##### 5. Question

1 points#### If Rs. 10 be allowed as true discount on a bill of Rs. 110 due at the end of a certain time, then the discount allowed on the same sum due at the end of double the time is:

CorrectIncorrect - Question 6 of 20
##### 6. Question

1 points#### The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is:

CorrectIncorrect - Question 7 of 20
##### 7. Question

1 points#### The true discount on Rs. 1760 due after a certain time at 12% per annum is Rs. 160. The time after which it is due is:

CorrectIncorrect - Question 8 of 20
##### 8. Question

1 points#### The present worth of Rs. 2310 due 2.5 years hence, the rate of interest being 15% per annum, is:

CorrectIncorrect - Question 9 of 20
##### 9. Question

1 points#### Rs. 20 is the true discount on Rs. 260 due after a certain time. What will be the true discount on the same sum due after half of the former time, the rate of interest being the same?

CorrectIncorrect - Question 10 of 20
##### 10. Question

1 points#### The interest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 due 2 years hence. If the rate of interest is the same in both cases, it is:

CorrectIncorrect - Question 11 of 20
##### 11. Question

1 points#### The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 85 and Rs. 80 respectively. The sum is:

CorrectIncorrect - Question 12 of 20
##### 12. Question

1 points#### The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:

CorrectIncorrect - Question 13 of 20
##### 13. Question

1 points#### If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:

CorrectIncorrect - Question 14 of 20
##### 14. Question

1 points#### The true discount on a bill due 10 months hence at 6% per annum is Rs. 26.25. The amount of the bill is:

CorrectIncorrect - Question 15 of 20
##### 15. Question

1 points#### The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 25 and Rs. 20 respectively. The sum is:

CorrectIncorrect - Question 16 of 20
##### 16. Question

1 points#### A man buys a watch for Rs. 195 in cash and sells is for Rs. 220 at a credit of 1 year. If the rate of interest is 10% the man:

CorrectIncorrect - Question 17 of 20
##### 17. Question

1 points#### A owes B, Rs. 1120 payable 2 years hence and B owes A, Rs. 1081.50 payable 6 months hence. If they decide to settle their accounts forth with by payment of ready money and the rate of interest be 6% per annum, then who should pay and how much:

CorrectIncorrect - Question 18 of 20
##### 18. Question

1 points#### A man purchased a cow for Rs. 300 and sold it the same day for Rs. 360, allowing the buyer a credit of 9 years. If the rate of interest be 7 % per annum, then the man has a gain of:

CorrectIncorrect - Question 19 of 20
##### 19. Question

1 points#### Rs. 20 is the true discount on Rs. 260 due after a certain time. What will be the true discount on the same due after half of the former time, the rate of interest being the same:

CorrectIncorrect - Question 20 of 20
##### 20. Question

1 points#### A trader owes a merchant Rs. 901 due 1 yearâ€™s hence. However, the trader wants to settle the account after 3 months. How much cash should he pay, if rate of interest is 8% per annum:

CorrectIncorrect

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- Question 1 of 20
##### 1. Question

1 points#### If the true discount on a sum due 2 years hence at 5% per annum be Rs. 75, then the sum due is:

CorrectIncorrect - Question 2 of 20
##### 2. Question

1 points#### The interest on Rs. 750 for 2 years is equal to the discount on Rs. 810 for the same time and at the same rate. The rate percent is:

CorrectIncorrect - Question 3 of 20
##### 3. Question

1 points#### If the true discount on a sum due 2 years hence at 5% per annum be Rs. 75, then the sum due is:

CorrectIncorrect - Question 4 of 20
##### 4. Question

1 points#### The true discount on Rs. 2575 due 4 months hence is Rs. 75. The rate percent is:

CorrectIncorrect - Question 5 of 20
##### 5. Question

1 points#### A has to pay Rs. 220 to B after 1 year, B asks A to pay Rs. 110 in cash and defer the payment of Rs. 110 for 2 years. A agrees to it. Counting, the rate of interest at 10% per annum in this new mode of payment:

CorrectIncorrect - Question 6 of 20
##### 6. Question

1 points#### The true discount on Rs. 1860 due after a certain time at 5% is Rs. 60. The time after which it is due is:

CorrectIncorrect - Question 7 of 20
##### 7. Question

1 points#### Goods were bought for Rs. 600 and sold the same day for Rs. 650.25 at a credit of 9 months and still there was a gain of 2%. The rate percent is:

CorrectIncorrect - Question 8 of 20
##### 8. Question

1 points#### Sachin purchase 20 dozens of toys at the rate of 375 Rs per dozen. He sold each one of them at the rate of Rs 33. What was his percentage profit?

CorrectIncorrect - Question 9 of 20
##### 9. Question

1 points#### A discount dealer professes to sell his goods at cost price but uses a weight of 960 gms for a kg weight. Find his gain %?

CorrectIncorrect - Question 10 of 20
##### 10. Question

1 points#### The profit earned by selling an article for Rs 900 is double the loss incurred when the same article is sold for Rs 490. At what price should the article be sold to make 25% profit?

CorrectIncorrect - Question 11 of 20
##### 11. Question

1 points#### If a camera is purchased for Rs 490 and sold for Rs 465.50 find the loss%

CorrectIncorrect - Question 12 of 20
##### 12. Question

1 points#### Find the present worth of Rs. 930 due 3 years hence at 8% per annum. Also find the discount.

CorrectIncorrect - Question 13 of 20
##### 13. Question

1 points#### The true discount on a bill due 9 months hence at 12% per annum is Rs. Find the amount of the bill and its present worth.

CorrectIncorrect - Question 14 of 20
##### 14. Question

1 points#### The true discount on a certain sum of money due 3 years hence is RB. 250 and the simple interest on the same sum for the same time and at the same rate is Rs. 375. Find the sum and the rate percent.

CorrectIncorrect - Question 15 of 20
##### 15. Question

1 points#### If the true discount on a sum due 3 years hence at 14% per annum be Rs. 168, the sum due is:

CorrectIncorrect - Question 16 of 20
##### 16. Question

1 points#### If Rs. 10 be allowed as true discount on bill of Rs. 110 due at the end of a certain time, then the discount allowedon the same sum due at the end of double the time is:

CorrectIncorrect - Question 17 of 20
##### 17. Question

1 points#### Rs.20 is the true discount on Rs. 260 due after a certain time. What will be the true discount on the same sum due after half of the former time, the rate of interest being the same?

CorrectIncorrect - Question 18 of 20
##### 18. Question

1 points#### If Rs.10 be allowed as true discount on a bill of Rs.110 due at the end of a certain time, then the discount allowed on the same sum due at the end of double the time is

CorrectIncorrect - Question 19 of 20
##### 19. Question

1 points#### A man buys a watch for Rs.1950 in cash and sells it for Rs.2200 at a credit of 1 year. If the rate of interests is 10% per annum, the man

CorrectIncorrect - Question 20 of 20
##### 20. Question

1 points#### Rs.20 is the true discount on Rs.260 due after a certain time. What will be the true discount on the same sum due after half of the former time, the rate of interest being the same?

CorrectIncorrect

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- Question 1 of 20
##### 1. Question

1 points#### A trader owens a merchant Rs.10,028 due 1` year hence. The trader wants to settle the account after 3 months. If the rate of interest is 12% per annum, how much cash should he pay?

CorrectIncorrect - Question 2 of 20
##### 2. Question

1 points#### The true discount on Rs.2562 due 4 months hence is Rs.122. The rate percent is

CorrectIncorrect - Question 3 of 20
##### 3. Question

1 points#### The present worth of Rs. 2310 due 2 1/2 years hence, the rate of interest being 15% per annum, is

CorrectIncorrect - Question 4 of 20
##### 4. Question

1 points#### The true discount on Rs. 1760 due after a certain time at 12% per annum is Rs. 160. The time after which it is due iss

CorrectIncorrect - Question 5 of 20
##### 5. Question

1 points#### Find the present worth of Rs. 930 due 3 years hence at 8% per annum. Also find the discount?

CorrectIncorrect - Question 6 of 20
##### 6. Question

1 points#### A man purchased a cow for Rs. 3000 and sold it the same day for Rs.3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a gain of

CorrectIncorrect - Question 7 of 20
##### 7. Question

1 points#### If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is

CorrectIncorrect - Question 8 of 20
##### 8. Question

1 points#### The true discount on a bill due 9 months hence at 12% per annum is Rs.540. Find the amount of the bill and its present worth.

CorrectIncorrect - Question 9 of 20
##### 9. Question

1 points#### The true discount on a bill due 9 months hence at 16% per annum is Rs.189. The amount of the bill is

CorrectIncorrect - Question 10 of 20
##### 10. Question

1 points#### A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other at a credit of Rs.12,880 to be paid after 8 months, money being at 18% per annum. Which is the best offer?

CorrectIncorrect - Question 11 of 20
##### 11. Question

1 points#### The true discount on a certain sum of money due 3 years hence is Rs.250 and the simple interest on the same sum for the time and at the same rate is Rs.375. Find the sum?

CorrectIncorrect - Question 12 of 20
##### 12. Question

1 points#### The interest on Rs.750 for 2 years is the same as the true discount on Rs.960 due 2 years hence. If the rate of interest is the same in both cases, it is

CorrectIncorrect - Question 13 of 20
##### 13. Question

1 points#### Rs. 20 is the true discount on Rs. 260 due after a certain time. What will be the true discount on the same sum due after half of the former time, the rate of interest being the same ?

CorrectIncorrect - Question 14 of 20
##### 14. Question

1 points#### A has to pay Rs. 220 to B after 1 year. B asks A to pay Rs. 110 in cash and defer the payment of Rs. 110 for 2 years. A agrees to it. If the rate of interest be 10% per annum, in this mode of payment :

CorrectIncorrect - Question 15 of 20
##### 15. Question

1 points#### A owes B, Rs. 1573 payable 1(1/2) years hence. Also B owes A, Rs, 1444.50 payable 6 months hence. If they want to settle the account forthwith, keeping 14% as the rate of interest, then who should pay and how much ?

CorrectIncorrect - Question 16 of 20
##### 16. Question

1 points#### A man buys a watch for Rs. 1950 in cash and sells it for Rs. 2200 at a credit of 1 year. If the rate of interest is 10% per annum, the man :

CorrectIncorrect - Question 17 of 20
##### 17. Question

1 points#### A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest is 12% per annum, how much cash should he pay ?

CorrectIncorrect - Question 18 of 20
##### 18. Question

1 points#### Goods were bought for Rs. 600 and sold the same day for Rs. 688.50 at a credit of 9 months and thus gaining 2%, The rate of interest per annum is :

CorrectIncorrect - Question 19 of 20
##### 19. Question

1 points#### A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other at a credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer ?

CorrectIncorrect - Question 20 of 20
##### 20. Question

1 points#### If Rs. 10 be allowed as true discount on a bill of Rs. 110 due at the end of a certain time, then the discount allowed on the same sum due at the end of double the time is :

CorrectIncorrect

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- Question 1 of 20
##### 1. Question

1 points#### The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 85 and Rs. 80 respectively. The sum is :

CorrectIncorrect - Question 2 of 20
##### 2. Question

1 points#### The interest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 due 2 years hence. If the rate of interest is the same in both eases, it is :

CorrectIncorrect - Question 3 of 20
##### 3. Question

1 points#### The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is :

CorrectIncorrect - Question 4 of 20
##### 4. Question

1 points#### The true discount on Rs. 1760 due after a certain time at 12% per annum is Rs. 160. The time after which it is due is :

CorrectIncorrect - Question 5 of 20
##### 5. Question

1 points#### The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is :

CorrectIncorrect - Question 6 of 20
##### 6. Question

1 points#### If the true discount on a sum due 2 years hence at 14% per annum be Rs. 168, the sum due is :

CorrectIncorrect - Question 7 of 20
##### 7. Question

1 points#### The present worth of Rs. 2310 due 2(1/2) years hence, the rate of interest being 15% per annum, is :

CorrectIncorrect - Question 8 of 20
##### 8. Question

1 points#### A bill for Rs. 6000 is drawn on July 14 at 5 months. It is discounted on 5th October at 10%. Find the banker’s gain.

CorrectIncorrect - Question 9 of 20
##### 9. Question

1 points#### If the true discount on a certain sum due 6 months hence at 15% is Rs. 120, what is the banker’s discount on the same sum for the same time and at the same rate?

CorrectIncorrect - Question 10 of 20
##### 10. Question

1 points#### The banker’s discount on Rs. 1800 at 12% per annum is equal to the true discount on Rs. 1872 for the same time at the same rate. Find the time.

CorrectIncorrect - Question 11 of 20
##### 11. Question

1 points#### The banker’s discount and the true discount on a sum of money due 8 months hence are Rs. 120 and Rs. 110 respectively. Find the rate percent.

CorrectIncorrect - Question 12 of 20
##### 12. Question

1 points#### The present worth of a bill due sometime hence is Rs. 1100 and the true discount on the bill is Rs. 110. Find the banker’s discount.

CorrectIncorrect - Question 13 of 20
##### 13. Question

1 points#### The banker’s discount on Rs. 1650 due a certain time hence is Rs. 165. Find the banker’s gain.

CorrectIncorrect - Question 14 of 20
##### 14. Question

1 points#### What rate percent does a man get for his money when in discounting a bill due 10 months hence, he deducts 10% of the amount of the bill?

CorrectIncorrect - Question 15 of 20
##### 15. Question

1 points#### A man sells Rs.5000, 12 % stock at 156 and uinvests the proceeds parity in 8 % stock at 90 and 9 % stock at 108. He hereby increases his income by Rs. 70. How much of the proceeds were invested in each stock?

CorrectIncorrect - Question 16 of 20
##### 16. Question

1 points#### The present worth of a certain bill due sometime hence is Rs. 400 and the true discount is Rs. 20. What is the banker’s discount?

CorrectIncorrect - Question 17 of 20
##### 17. Question

1 points#### The banker’s gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:

CorrectIncorrect - Question 18 of 20
##### 18. Question

1 points#### The banker’s gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker’s discount is:

CorrectIncorrect - Question 19 of 20
##### 19. Question

1 points#### 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:

CorrectIncorrect - Question 20 of 20
##### 20. Question

1 points#### 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:

CorrectIncorrect