Lakshya Education MCQs

Question:  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?
Options:
A.10/3%
B.20/3%
C.50/3%
D.40/3%
Answer: Option D
Explanation :

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More Questions on This Topic :

Question 1.  the present worth of a sum due sometimes hence is rs.5760 and the baker's gain is rs.10. what is the true discount?
  1.    Rs. 480
  2.    Rs. 420
  3.    Rs. 120
  4.    Rs. 240
Answer: Option D
Explanation :
Question 2.  the bankers discount and the true discount of a sum at 10% per annum simple interest for the same time are rs.100 and rs.80 respectively. what is the sum and the time?
  1.    Sum = Rs.400 and Time = 5 years
  2.    Sum = Rs.200 and Time = 2.5 years
  3.    Sum = Rs.400 and Time = 2.5 years
  4.    Sum = Rs.200 and Time = 5 years
Answer: Option C
Explanation :
Question 3.  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?
  1.    10/3%
  2.    20/3%
  3.    50/3%
  4.    40/3%
Answer: Option D
Explanation :
Question 4.  the banker's gain of a certain sum due 3 years hence at 10% per annum is rs. 36. what is the present worth ?
  1.    Rs. 400
  2.    Rs. 300
  3.    Rs. 500
  4.    Rs. 350
Answer: Option A
Explanation :
Question 5.  the present worth of a sum due sometimes hence is rs.5760 and the baker's gain is rs.10. what is the true discount?
  1.    Rs. 480
  2.    Rs. 420
  3.    Rs. 120
  4.    Rs. 240
Answer: Option D
Explanation :
Question 6.  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?
  1.    10/3%
  2.    20/3%
  3.    50/3%
  4.    40/3%
Answer: Option D
Explanation :

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