True Discount Questions and Answers - Arithmetic :: 2 :: part2

Exam2win > Arithmetic > True Discount > part2

True Discount QUESTIONS AND ANSWERS :: Arithmetic : part2 : 6 to 10

Following True Discount multiple choice objective type questions and answers will help you in many types of 2024 job and other entrance examinations :

6.A man purchased a cow for Rs. 300 and sold it the same day for Rs. 360, allowing the buyer a credit of 9 years. If the rate of interest be 7 % per annum, then the man has a gain of:

4 %

5 %

7.The true discount on Rs. 1860 due after a certain time at 5% is Rs. 60. The time after which it is due is:

6 months

8 months

9 months

10 months

8.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:

Rs. 20

Rs. 21.81

Rs. 22

Rs. 18.33

9.The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 25 and Rs. 20 respectively. The sum is:

Rs. 500

Rs. 200

Rs. 250

Rs. 100

10.A has to pay Rs. 220 to B after 1 year, B asks A to pay Rs. 110 in cash and defer the payment of Rs. 110 for 2 years. A agrees to it. Counting, the rate of interest at 10% per annum in this new mode of payment:

there is no gain or loss to any one

A loses Rs. 7.34

A gains Rs. 11

More True Discount QUESTIONS AND ANSWERS available in next pages

Health is the greatest gift, contentment is the greatest wealth -Buddha

If you are not willing to risk the usual you will have to settle for the ordinary- Jim Rohn

Arithmetic Questions And Answers :: True Discount: part2