True Discount QUESTIONS AND ANSWERS :: Arithmetic : part2 : 1 to 5
Following True Discount multiple choice objective type questions and answers will help you in many types of 2024 job and other entrance examinations :
1.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: |
Rs. 10 |
Rs. 10.40 |
Rs. 15.20 |
Rs. 13 |
2.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: |
gains Rs. 15 |
gains Rs. 3 |
gains Rs. 5 |
loses Rs. 5 |
3.The true discount on Rs. 2575 due 4 months hence is Rs. 75. The rate percent is: |
6% |
8% |
9% |
5% |
4.The true discount on a bill due 10 months hence at 6% per annum is Rs. 26.25. The amount of the bill is: |
Rs. 1575 |
Rs. 500 |
Rs. 650.25 |
Rs. 551.25 |
5.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: |
6 % |
8 % |
8% |
7 % |
More True Discount QUESTIONS AND ANSWERS available in next pages
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