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True Discount MCQ Questions & Answers

True Discount MCQs : This section focuses on the "True Discount". These Multiple Choice Questions (MCQs) should be practiced to improve the True Discount skills required for various interviews (campus interview, walk-in interview, company interview), placement, entrance exam and other competitive examinations.




Question 1

If a person purchases a shirt, he gets 6% discount. However, if he purchases two shirts, he gets 5% on the first and 8% on the second. If the price paid by the person for two shirts is Rs. 925, then what will be the marked price of each shirts ?

A. Rs. 494
B. Rs. 550
C. Rs. 528
D. Rs. 500

View Answer

Question 2

The marked price of an article is 10% higher then the cost price. A discount of 10% is given on the market price. In this kind of sale, the seller bears ?

A. No loss, no gain
B. A loss of 5%
C. A gain of 1%
D. A loss of 1%

View Answer

Question 3

An article of cost price Rs. 8000 is marked at Rs. 11200, after allowing a discount of x percent a profit of 12% is made. The value of x is = ?

A. 21%
B. 20%
C. 22%
D. 23%

View Answer

Question 4

The TrueDiscount on a certain sum of money due 3 years hence is Rs.250 and SimpeInterest on the same sum for same time and same rate is Rs375. Find sum and rate%?

A. (16 + 4/3)%
B. (16 +1/3)%
C. (16 + 5/3)%
D. (16 + 2/3)%

View Answer

Question 5

A double bed is market at Rs. 75000. The shopkeeper allows successive discounts of 8%, 5% and 2% on it. What is the net selling price ?

A. Rs. 6500
B. Rs. 6000
C. Rs. 64239
D. Rs. 6500.50

View Answer

Question 6

A housewife saved Rs. 2.50 in buying a dress on sale. If she spent Rs. 25 for the dress, approximately how much percent she saved in the transaction ?

A. 8%
B. 9%
C. 10%
D. 11%

View Answer

Question 7

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

A. Rs. 1386
B. Rs. 1764
C. Rs. 1575
D. Rs. 2268

View Answer

Question 8

A merchant marks his goods 40% above the cost price and sell them at a discount of 15%. Find his gain % = ?

A. 25%
B. 22%
C. 19%
D. 20%

View Answer

Question 9

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?

A. Rs. 10
B. Rs. 10.40
C. Rs. 15.20
D. Rs. 13

View Answer

Question 10

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

A. Rs. 1750
B. Rs. 1680
C. Rs. 1840
D. Rs. 1443.75

View Answer

Question 11

A bicycle, marked at Rs. 2000 is sold with two successive discount of 20% and 10%. An additional discount of 5% is offered for cash payment. The selling price of the bicycle at cash payment is = ?

A. Rs. 1368
B. Rs. 1468
C. Rs. 1568
D. Rs. 1668

View Answer

Question 12

If the truediscount on a sum due 2yrs hence at 14% per annum be Rs168. The sum due is?

A. 700
B. 760
C. 768
D. 786

View Answer

Question 13

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:

A. 6 months
B. 8 months
C. 9 months
D. 10 months

View Answer

Question 14

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

A. 186
B. 180
C. 185
D. 189

View Answer

Question 15

A store has an offer 'Buy 4 Get 1 Free'. What is the net percentage of discount ?

A. 25%
B. 33.30%
C. 20%
D. Insufficient Data

View Answer

Question 16

The selling price of an article is Rs. 1920 and the discount given is 4%. The marked price of the article is = ?

A. Rs. 2400
B. Rs. 2000
C. Rs. 1600
D. Rs. 1200

View Answer

Question 17

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:

A. 12%
B. 13%
C. 14%
D. 15%

View Answer

Question 18

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:

A. Rs. 20
B. Rs. 21.81
C. Rs. 22
D. Rs. 18.33

View Answer

Question 19

A trader owes a maerchant Rs10028 due 1yr 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?

A. Rs.9000
B. Rs.9002
C. Rs.9200
D. Rs.9120

View Answer

Question 20

A fan is listed at Rs. 150 and a discount of 20% is given. Then the selling price is = ?

A. Rs. 180
B. Rs. 150
C. Rs. 120
D. Rs. 110

View Answer

Question 21

Discount on a pair of shoes marked at Rs. 475 and discounted at 15% is = ?

A. Rs. 70
B. Rs. 72
C. Rs. 71.25
D. Rs. 75.25

View Answer

Question 22

To attract more visitors, zoo authority announces 20% discount on every ticket which cost 25 paise. For this reason, sale of ticket increase by 28%. Find the percentage of increase in the number of visitors ?

A. 40%
B. 50%
C. 60%
D. No change

View Answer

Question 23

The true discount on Rs.2562 due 4 months hence is Rs.122.The rate % is?

A. 12%
B. 13 (1/3)%
C. 15%
D. 14%

View Answer

Question 24

The difference between a discount of 30% on Rs. 2000 and two successive discounts of 25% and 5% on the same amount is ?

A. Rs. 30
B. Rs. 35
C. Rs. 25
D. Rs. 40

View Answer

Question 25

Rakesh yadav buys an article with a discount of 25% on its marked price. He makes a profit of 10% by selling it at Rs. 660. The marked price of the article was ?

A. Rs. 600
B. Rs. 700
C. Rs. 800
D. Rs. 685

View Answer

Question 26

What is the true discount on a bill of Rs.2916 due in 3 years hence at 8% C.I.?

A. Rs.600
B. Rs.601
C. Rs.602
D. Rs.603

View Answer

Question 27

The difference between Simple Interest and True Discount on a certain sum of money for 6 months at 1212% per annum is Rs 25. Find the sum.

A. Rs.6800
B. Rs.6500
C. Rs.6000
D. Rs.6200

View Answer

Question 28

Two successive discounts of 10% and 5%, in this order, are given on a bill of Rs. 110. Find the net amount of money payable to clear the bill (answer to the nearest rupee) = ?

A. Rs. 94
B. Rs. 95
C. Rs. 96
D. Rs. 97

View Answer

Question 29

The single discount equivalent to two successive discount of 20% and 5% is = ?

A. 24%
B. 25%
C. 22%
D. 23%

View Answer

Question 30

If on a market price the difference of selling price with a discount of 30% and two successive discounts of 20% and 10% is 72, then the marked price ( in rupees ) is ?

A. Rs. 3600
B. Rs. 3000
C. Rs. 2500
D. Rs. 2400

View Answer

Question 31

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?

A. Rs. 9025.20
B. Rs. 9200
C. Rs. 9600
D. Rs. 9560

View Answer

Question 32

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

A. 12%
B. 13%
C. 15%
D. 14%

View Answer

Question 33

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:

A. 0%
B. 5%
C. 7.50%
D. 10%

View Answer

Question 34

A single discount equivalent to the successive discounts of 10%, 20% and 25% is = ?

A. 55%
B. 45%
C. 46%
D. 60%

View Answer

Question 35

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

A. 16(2/3)%
B. 14(1/2)%
C. 13(1/3)%
D. 15%

View Answer

Question 36

Find the present worth of a bill of Rs.28000 due 2 years at 12% compound interest. Also find the true discount.

A. 300
B. 350
C. 250
D. 275

View Answer

Question 37

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

A. Rs. 1325
B. Rs. 1300
C. Rs. 1350
D. Rs. 1500

View Answer

Question 38

How much percent more than the cost price should a shopkeeper mark his goods so that after allowing a discount of 25% on the marked price, he gain 20% ?

A. 70%
B. 50%
C. 60%
D. 55%

View Answer

Question 39

A machine is marked at Rs. 6800 and available at a discount of 10%. The shopkeeper gives another off season discount to the buyer and sells the machine for Rs. 5202. Find the off season discount ?

A. 10%
B. 12%
C. 15%
D. 18%

View Answer

Question 40

How much percent above the cost price should a shopkeeper mark his goods so as to earn a profit of 32% after allowing a discount of 12% on the marked price ?

A. 50%
B. 40%
C. 60%
D. 45%

View Answer

Question 41

The banker's discount on a bill due 6 months hence at 16% per annum is Rs. 216. The true discount is = ?

A. Rs. 212
B. Rs. 180
C. Rs. 210
D. Rs. 200

View Answer

Question 42

A shopkeeper marks his goods 30% above his cost price but allows a discount of 10% at the time of sale. His gain is = ?

A. 21%
B. 20%
C. 18%
D. 17%

View Answer

Question 43

A trader marked the selling price of an article at 10% above the cost price. At the time of selling he allows certain discount and suffers a loss of 1%. He allowed the discount of ?

A. 11%
B. 10%
C. 9%
D. 10.50%

View Answer

Question 44

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:

A. Rs. 1800
B. Rs. 1450
C. Rs. 1360
D. Rs. 6800

View Answer

Question 45

A seller marks his goods 30% above their cost price but allows 15% discount for cash payment. His percentage of profit when sold in cash is = ?

A. 10.50%
B. 15%
C. 9%
D. 8.50%

View Answer

Question 46

Anand marks up the price of an article by 50% and then allows a discount of 20% and sells it to Balaji who sells it for Rs. 20, more than what he purchased for, this selling price is 30% more then the original cost price of the article. Then Balaji's profit % is = ?

A. 7.50%
B. 6.66%
C. 8.33%
D. 9%

View Answer

Question 47

A man buys a watch for Rs1950 in cash and sells it for Rs 2200 at a credit of 1 yr. The rate of interest is 10% per annum. Then he gains or loose how much amount?

A. 50
B. 55
C. 15
D. 45

View Answer

Question 48

A shopkeeper sells a badminton racket whose marked price is Rs. 30, at a discount of 15% and gives a shuttle cock costing Rs. 1.50 free with each racket. Even then he makes a profit of 20%. His cost price, per racket is = ?

A. Rs. 21.00
B. Rs. 21.25
C. Rs. 20.00
D. Rs. 17.75

View Answer

Question 49

The Present worth of Rs.2310 due 212 years hence ,the rate of interest being 15% per annum, is :

A. Rs.1440
B. Rs.1750
C. Rs.1680
D. Rs.1840

View Answer

Question 50

If Rs.20 is the True Discount on Rs260due after a certain time.What wil be true discount on the same sum due after half of the former time, the rate of interest being the same?

A. Rs.9.40
B. Rs.10.14
C. Rs.10.40
D. Rs.9.14

View Answer

Question 51

The Simple Interest & True Discount on a certain sum of money for a given time & at a given rate are Rs 85 & Rs.80.The sum is:

A. Rs.1350
B. Rs.1360
C. Rs.1316
D. Rs.1200

View Answer

Question 52

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?

A. 1600
B. 7000
C. 6000
D. 6500

View Answer

Question 53

List price of an article at a showroom is Rs. 2000 and it is being sold at successive discount of 20% and 10%, its net selling price will be = ?

A. Rs. 1900
B. Rs. 1700
C. Rs. 1440
D. Rs. 1400

View Answer

Question 54

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

A. A gains Rs.11
B. There is No gain or loss
C. A losses 7.43
D. A gains Rs. 7.34

View Answer

Question 55

The present worth of Rs.1404 due in two equal half-yearly instalments at 8% per annum. Simple interest is:

A. 1320
B. 1300
C. 1325
D. 1200

View Answer

Question 56

A man wants to sell his scooter .There are two offers one at Rs12000 cash and other at a credit of Rs12880 to be paid after 8 months ,money being at 18% per annum which is better offer?

A. Rs.12880
B. Rs.12000
C. Both are equally good
D. None of the above

View Answer

Question 57

If an electricity bill is paid before due date, one gets a reduction of 4% on the amount of the bill. By paying the bill before due date a person got a reduction of Rs. 13. The amount of his electricity bill was = ?

A. Rs. 125
B. Rs. 225
C. Rs. 325
D. Rs. 425

View Answer

Question 58

The discount series 10%, 20%, 40% is equivalent to a single discount of = ?

A. 50%
B. 56.80%
C. 60%
D. 62.28%

View Answer

Question 59

A shopkeeper marks the price of an article at Rs. 80. What will be the selling price, if he allows two successive discounts at 5% each = ?

A. Rs. 72.20
B. Rs. 72
C. Rs. 85
D. Rs. 7.20

View Answer

Question 60

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:

A. gains Rs. 55
B. gains Rs. 50
C. loses Rs. 30
D. gains Rs. 30

View Answer

Question 61

A tradesman marks his goods 10% above his cost price. If he allows his customers 10% discount on the marked price. How much profit or loss does he make, if any ?

A. 1% gain
B. 1% loss
C. 5% gain
D. No gain no loss

View Answer

Question 62

The true-discount on Rs.2480 due after a certain period at 5% is Rs.80. Find the due period.

A. 6months
B. 5months
C. 8months
D. 3months

View Answer

Question 63

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?

A. 715
B. 469
C. 400
D. 750

View Answer

Question 64

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

A. Rs. 768
B. Rs. 968
C. Rs. 1960
D. Rs. 2400

View Answer

Question 65

Which is a better offer out of (i) a cash payment now of Rs.8100 or (ii) a credit of Rs.8250 after 6 months(6.5% S.I)

A. (i)
B. (ii)
C. both (i) and (ii)
D. none

View Answer

Question 66

The true discount on a certain sum of money due 3 year hence is Rs.100 and the S.I. on the same sum for the same time and at the same rate is Rs.120. Find the sum and the rate percent.

A. (6 + 2/3)%
B. (5+ 2/3)%
C. (2+ 2/3)%
D. (4+ 2/3)%

View Answer

Question 67

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?

A. Rs. 12,000 in cash
B. Rs. 12,880 at credit
C. Both are equally good
D. Rs. 18.33

View Answer

Question 68

The marked price of an article is Rs. 500. A shopkeeper gives a discount of 5% and still makes a profit of 25%. The cost price of the article is = ?

A. Rs. 384
B. Rs. 380
C. Rs. 300
D. Rs. 376

View Answer

Question 69

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

A. 1200
B. 1764
C. 1600
D. 1354

View Answer

Question 70

The cost of manufacturing of a tape recorder is Rs. 1500. The manufacturer fixes the marked price 20% above the cost of manufacture and allows a discount in such a way as to get a profit of 8%. The rate of discount is = ?

A. 12%
B. 8%
C. 20%
D. 10%

View Answer

Question 71

A trader allows two successive discounts of 30% and 15% on selling an article. If he gets Rs. 476 for that article, find its marked price = ?

A. Rs. 700
B. Rs. 400
C. Rs. 900
D. Rs. 800

View Answer

Question 72

The total discount on Rs.1860 due after a certain time at 5% is Rs. 60. Find the time after which it is due -

A. 9 months
B. 10 months
C. 7 months
D. 8 months

View Answer

Question 73

The marked price of a table is Rs. 800. A retailer bought it after two successive discounts of 10% and 15%. He spent Rs. 13 on transportation and sold it for Rs. 875. His profit was = ?

A. 40%
B. 37%
C. 28%
D. 25%

View Answer

Question 74

The difference between simple interest and the true discount on Rs. 2400 due 4 years hence at 5% per annum simple interest is -

A. Rs. 70
B. Rs. 30
C. Rs. 50
D. Rs. 80

View Answer

Question 75

Ramesh marks his goods 30% above cost price. If he sells the item for Rs. 910 afters allowing of 15% discount. Find his cost price ?

A. Rs. 823.5
B. Rs. 758
C. Rs. 814.2
D. Rs. 856.5

View Answer

Question 76

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

A. Rs. 600
B. Rs. 768
C. Rs. 878
D. Rs. 668

View Answer

Question 77

A discount of 14% on the marked price of an article is allowed and then the article is sold for Rs. 387. The marked price of the article is = ?

A. Rs. 450
B. Rs. 427
C. Rs. 500
D. Rs. 440

View Answer

Question 78

If a cellphone is purchased for Rs.490 and sold for Rs.465.50 find the loss percentage?

A. 10
B. 5
C. 20
D. 15

View Answer

Question 79

The present value of a bill due at the end of 2 years is Rs.1250. If the bill were due at the end of 2 years and 11 months, its present worth would be Rs.1200. Find the rate of interest and the sum.

A. rs.1175
B. rs.1375
C. rs.1475
D. rs.1575

View Answer

Question 80

A bill falls due in 1 year.The creditor agrees to accept immediate payment of the half and to defer the payment of the other half for 2 years.By this arrangement ins Rs.40.what is the amount of the bill,if he money be worth 12.5%?

A. 1200
B. 3000
C. 3600
D. 1300

View Answer

Question 81

An article is sold at a discount of 20% and an additional discount 30% is allowed on cash payment. If Vidya purchased the article by paying Rs. 2240 in cash, the marked price of the article was = ?

A. Rs. 4000
B. Rs. 4368
C. Rs. 4400
D. Rs. 4480

View Answer

Question 82

A shopkeeper offers 10% discount on the marked price of his articles and still makes a profit of 20%. What is the actual cost of the article marked Rs. 500 for him ?

A. Rs. 440
B. Rs. 425
C. Rs. 400
D. Rs. 375

View Answer

Question 83

The price that akbar should marks on a pair of shoes which costs him Rs. 1200 to gain 12% after allowing a discount of 16% (in rupees) is = ?

A. Rs. 1344
B. Rs. 1433
C. Rs. 1600
D. Rs. 1500

View Answer

Question 84

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

A. 18.2
B. 18.33
C. 18
D. 18.3

View Answer

Question 85

A person paid Rs. 17000 for a motor-car after a single discount of 15%. If he is given successive discount of 5% and 10% then how much he would pay ?

A. Rs. 17000
B. Rs. 17010
C. Rs. 17100
D. Rs. 18900

View Answer

Question 86

A shopkeeper allows a discount of 12.5% on the marked price of a certain article and makes a profit of 20%. If the article costs the shopkeeper Rs. 210, then the marked price of the article will be = ?

A. Rs. 387
B. Rs. 350
C. Rs. 386
D. Rs. 288

View Answer

Question 87

A fan is listed at Rs. 1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer now to bring the net price to Rs. 1104 ?

A. 8%
B. 10%
C. 15%
D. 12%

View Answer

Question 88

A shopkeeper earns a profit of 10% after allowing a discount of 20% on the marked price. The cost price of the article whose marked price is Rs. 880, is = ?

A. Rs. 704
B. Rs. 640
C. Rs. 774
D. Rs. 680

View Answer

Question 89

A man sells a bicycle at marked price which is 30% higher than the cost price. If he gives some discount and sells it at Rs. 150 less than the marked price, he would still gain 20%. What is the percentage of discount offered ?

A. 7.69%
B. 1.83%
C. 7.54%
D. 7.23%

View Answer

Question 90

In what time a debt of Rs.7920 due may be cleared by immediate cash down payment of Rs.3600 at 1/2% per month

A. 10years
B. 20years
C. 30years
D. 40years

View Answer

Question 91

A shopkeeper gives two successive discounts on an article marked Rs. 450. The first discount given is 10 percent. If the customer pays Rs. 344.25 for the article, the second discount gives is = ?

A. 14%
B. 10%
C. 12%
D. 15%

View Answer

Question 92

In order to maintain the price line a trader allows a discount of 10% on the marked price of an article. However, he still makes a profit of 17% on the cost price. Had he sold the article at the marked price, he would have earned a profit percent of = ?

A. 30%
B. 32%
C. 33%
D. 35%

View Answer

Question 93

A shopkeeper purchased a chair marked at Rs. 600 at two successive discounts of 15% and 20% respectively, he spent Rs. 28 on transportation and sold the chair for Rs. 545. His gain percent was = ?

A. 25%
B. 30%
C. 35%
D. 20%

View Answer

Question 94

A single discount equivalent to discount series 20% , 20% and 10% is = ?

A. 50%
B. 48.40%
C. 42.40%
D. 40.40%

View Answer

Question 95

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.

A. 1500
B. 1600
C. 6200
D. 6000

View Answer

Question 96

While selling a watch, a shopkeeper gives a discount of 5%. If he gives a discount of 6%, he earns Rs. 15 less as profit, what is the marked price of the watch = ?

A. Rs. 1250
B. Rs. 1400
C. Rs. 1500
D. Rs. 750

View Answer

Question 97

A retailer purchases a grinder at a discount of 15% of the whole seller and sales it for Rs. 1955 at a profit of 15%. The amount of discount received by the retailer from the whole seller was = ?

A. Rs. 720
B. Rs. 290
C. Rs. 300
D. Rs. 330

View Answer

Question 98

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?

A. Rs. 12,000 in cash
B. Rs. 12,880 at credit
C. Both are equally good
D. Can not say

View Answer

Question 99

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

A. 12%
B. 13(1/3)%
C. 15%
D. 14%

View Answer

Question 100

Maha Bazaar offers 20% discount on bags which have been marked 50% above the cost price. Amarnath pays Rs. 840 for a bag. Then the cost price of the bag is = ?

A. Rs. 672
B. Rs. 700
C. Rs. 790
D. Rs. 810

View Answer

Question 101

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:

A. 12%
B. 14%
C. 15%
D. 16%

View Answer

Question 102

A shopkeeper marks his goods 20% above his cost price and gives 15% discount on the marked price. His gain percent is = ?

A. 5%
B. 4%
C. 2%
D. 1%

View Answer

Question 103

A single discount of 50% on an article costing Rs. 10000 is better than two successive discounts of 40% and 10% by = ?

A. Rs. 400
B. Rs. 1000
C. Rs. 500
D. Rs. 600

View Answer

Question 104

A merchant allows a discount of 10% on marked price for the cash payment. To make a profit of 17%, he must mark his goods higher than their cost price by = ?

A. 33%
B. 40%
C. 27%
D. 30%

View Answer

Question 105

The interest on Rs.750 for 2yrs is the same as the True Discount on Rs.960 due 2yrs hence . If the rate of interest is same in both cases,it is:

A. 12%
B. 14%
C. 15%
D. 16

View Answer

Question 106

The single discount equal to three consecutive discounts of 10%, 12% and 5% ?

A. 35%
B. 32%
C. 24.76%
D. 30%

View Answer

Question 107

The marked price of a watch was Rs. 720. A man bought the same for Rs. 550.80, after getting two successive discounts, the first 10%. What was the second discount rate ?

A. 12%
B. 14%
C. 15%
D. 18%

View Answer

Question 108

The equivalent single discount for two successive discounts of 15% and 10% is = ?

A. 25%
B. 20%
C. 23.50%
D. 20.85%

View Answer

Question 109

The marked price of the a watch is Rs. 1600. The shopkeeper gives successive discount of 10% and x% to the customer. It the customer pays Rs. 1224 for the watch, the value of x is = ?

A. 5%
B. 10%
C. 15%
D. 20%

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Question 110

The marked price of a T.V. is Rs. 16000. After two successive discounts it is sold for Rs. 11400. If the first discount is 5%, then the rate of second discount is = ?

A. 15%
B. 20%
C. 30%
D. 25%

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Question 111

The difference between discount of 35% and two successive discount of 20% on a certain bill was 22, the amount of the bill is = ?

A. Rs. 200
B. Rs. 220
C. Rs. 1100
D. Rs. 2200

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Question 112

A shopkeeper marks his goods 20% above cost price, but allows 30% discount for cash payment. His net loss is ?

A. 8%
B. 10%
C. 16%
D. 20%

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Question 113

A washing machine is sold at a discount of 30%. If a man buys it for Rs. 6580, its list price is = ?

A. Rs. 7500
B. Rs. 8600
C. Rs. 9400
D. Rs. 6990

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Question 114

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:

A. 0%
B. 5%
C. 7.5%
D. 10%

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Question 115

The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is?

A. 12%
B. 13%
C. 15%
D. 14%

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Question 116

The True discount on Rs1760 due after a certain time at 12% per annum is Rs160. The time after which it is due is?

A. 15months
B. 5months
C. 12months
D. 10months

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Question 117

A dealer buys an article marked at Rs. 25000 with 20% and 5% off. He spends Rs. 1000 for its repair and sells it for Rs. 25000 what is his gain or loss percent ?

A. Loss of 25%
B. Gain of 25%
C. Gain of 10%
D. Loss of 10%

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Question 118

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

A. Rs.948
B. Rs.876
C. Rs.768
D. Rs.658

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Question 119

Charging 30% above its production cost a radio maker puts a label of Rs. 286 on a radio as is price. But at the time of selling it, he allows 10% discount on the labelled price. What will his gain be ?

A. Rs. 257.40
B. Rs. 254.40
C. Rs. 198
D. Rs. 37.40

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Question 120

A man sells a scooter priced Rs. 36000. He gives a discount of 8% on the first Rs. 20000 and 5% on the next Rs. 10000. How much discount can he offer on the remaining Rs. 6000 if he is to get as much as when 7% discount is allowed on the total ?

A. 5%
B. 6%
C. 7%
D. 8%

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Question 121

The marked price is 20% higher then cost price. A discount of 20% is given on the marked price. By this type of sale, there is = ?

A. 4% loss
B. 2% loss
C. No loss no gain
D. 4% gain

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Question 122

The true discount on Rs.1600 due to after a certain of 5% per annum is Rs.160. The time after which it is due is

A. 27months
B. 23months
C. 20months
D. 12months

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Question 123

During month-long annual sale, a shopkeeper sells his goods at a discount of 50%. But in the last week, he offers an additional discount of 40%. If the original price of a shirt is Rs. x, then the price (in rupees) during the last week of the sale will be = ?

A. 90% of x
B. 70% of x
C. 30% of x
D. 10% of x

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Question 124

The single discount equivalent to the discount series of 20%, 10% and 5% is = ?

A. 11.66%
B. 31.60%
C. 35.66Z%
D. 32%

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