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Quantitative Aptitude > Discount

DISCOUNT COMBINED MCQs

Total Questions : 712 | Page 71 of 72 pages
Question 701. 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 ?
  1.    12%
  2.    14%
  3.    15%
  4.    18%
 Discuss Question
Answer: Option C. -> 15%
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 702. The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:
  1.    Rs. 1325
  2.    Rs. 1300
  3.    Rs. 1350
  4.    Rs. 1500
 Discuss Question
Answer: Option A. -> Rs. 1325
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 703. 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 ?
  1.    1% gain
  2.    1% loss
  3.    5% gain
  4.    No gain no loss
 Discuss Question
Answer: Option B. -> 1% loss
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 704. 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:
  1.    12%
  2.    14%
  3.    15%
  4.    16%
 Discuss Question
Answer: Option B. -> 14%
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 705. 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?
  1.    Rs. 10
  2.    Rs. 10.40
  3.    Rs. 15.20
  4.    Rs. 13
 Discuss Question
Answer: Option B. -> Rs. 10.40
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 706. 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:
  1.    6 months
  2.    8 months
  3.    9 months
  4.    10 months
 Discuss Question
Answer: Option D. -> 10 months
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 707. 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:
  1.    gains Rs. 55
  2.    gains Rs. 50
  3.    loses Rs. 30
  4.    gains Rs. 30
 Discuss Question
Answer: Option B. -> gains Rs. 50
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 708. 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?
  1.    Rs. 12,000 in cash
  2.    Rs. 12,880 at credit
  3.    Both are equally good
  4.    Rs. 18.33
 Discuss Question
Answer: Option A. -> Rs. 12,000 in cash
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 709. The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:_________?
  1.    12%
  2.    13%
  3.    15%
  4.    14%
 Discuss Question
Answer: Option C. -> 15%
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 710. 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:
  1.    Rs. 20
  2.    Rs. 21.81
  3.    Rs. 22
  4.    Rs. 18.33
 Discuss Question
Answer: Option D. -> Rs. 18.33
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

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