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Quantitative Aptitude > Discount

DISCOUNT COMBINED MCQs

Total Questions : 712 | Page 2 of 72 pages
Question 11.

  1. What is the present worth of a bill of Rs 4200 due 4 years hence at 5% p.a.?

  1.    Rs 3000
  2.    Rs 3500
  3.    Rs 4000
  4.    Rs 4500
 Discuss Question
Answer: Option B. -> Rs 3500
Question 12.

  1. If Rs 84 is the true discount on Rs 1480 for a certain time at a certain rate % p.a. then true discount on the same sum at the same rate % for double that time is

  1.    Rs 157
  2.    Rs 158
  3.    Rs 159
  4.    Rs 160
 Discuss Question
Answer: Option C. -> Rs 159
Question 13.

  1. A tradesman allows 10% cash discount on a bill which is payable 4 months hence. The rate per cent p.a. customer gets for his money, who pays cash is

  1.    32%
  2.    32\(\frac{1}{3}\) %
  3.    33%
  4.    33\(\frac{1}{3}\)%
 Discuss Question
Answer: Option D. -> 33\(\frac{1}{3}\)%
Question 14.

  1. On a bill if the banker’s discount is Rs 345 and true discount is Rs 300 at a certain rate % and for a certain period, the amount of the bill is

  1.    Rs 2100
  2.    Rs 2200
  3.    Rs 2300
  4.    Rs 2400
 Discuss Question
Answer: Option C. -> Rs 2300
Question 15.

  1. Banker’s discount on a bill of Rs 3300 due 4 years hence at 8% p.a. is

  1.    Rs 1000
  2.    Rs 1034
  3.    Rs 1056
  4.    Rs 1089
 Discuss Question
Answer: Option C. -> Rs 1056
Question 16.

  1. On a bill if the banker’s discount is Rs 220 and true discount is Rs 200 at a certain rate for a certain period of time the sum of the bill is

  1.    Rs 2000
  2.    Rs 2100
  3.    Rs 2200
  4.    Rs 2400
 Discuss Question
Answer: Option C. -> Rs 2200
Question 17.

  1. True discount is Rs 42 on Rs 462 at a certain rate % and for a certain time. True discount for the double of the time will be

  1.    Rs 77
  2.    Rs 83
  3.    Rs 88
  4.    Rs 93
 Discuss Question
Answer: Option A. -> Rs 77
Question 18.

  1. True discount is Rs 210 on Rs 2310 at a certain rate % and for a certain period. True discount for half the period will be

  1.    Rs 100
  2.    Rs 105
  3.    Rs 110
  4.     none of these
 Discuss Question
Answer: Option C. -> Rs 110
Question 19.

  1. Banker’s gain is \(\frac{1}{10}\) th of true discount for 1 year on a certain sum. The rate per cent p.a. is

  1.    10 %
  2.    11%
  3.    12%
  4.    none of these
 Discuss Question
Answer: Option A. -> 10 %
Question 20.

  1. Banker’s gain on a bill is Rs 40, whose present worth is Rs 1440. Then true discount is

  1.    Rs 230
  2.    Rs 235
  3.    Rs 240
  4.    npne of these
 Discuss Question
Answer: Option C. -> Rs 240

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