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- Question
A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a gain of:
Options- A. 0%
- B. 5%
- C. 7.5%
- D. 10%
- Correct Answer
- 0%
ExplanationC.P = Rs.3000
S.P =Rs. [3600 x 10] / [100+(10 x 2)] = Rs.3000
Gain =0%
- 1. The difference between Simple Interest and True Discount on a certain sum of money for 6 months at 1212 % per annum is Rs 25. Find the sum.
Options- A. Rs.6800
- B. Rs.6500
- C. Rs.6000
- D. Rs.6200 Discuss
- 2. The profit earned by selling an article for Rs 900 is double the loss incurred when the same article is sold for Rs.490. At what price should the article be sold to make 25% profit?
Options- A. 715
- B. 469
- C. 400
- D. 750 Discuss
- 3. A and B can together complete a task in 18 hours. After 6 hours A leaves. B takes 36 hours to finish rest of the task. How many hours would A have taken to do the task if he worked alone?
Options- A. 54
- B. 45
- C. 21
- D. 27 Discuss
- 4. A can do 50% of the job in 16 days, B can do 1/4th of the job in 24 days. In how many days can they do 3/4th of the job working together?
Options- A. 24
- B. 9
- C. 21
- D. 18 Discuss
- 5. A, B and C can do a job working alone in 50, 75 and 20 days respectively. They all work together for 4 days, then C quits. How many days will A and B take to finish the rest of the job?
Options- A. 20
- B. 30
- C. 18
- D. 24 Discuss
- 6. What is the true discount on a bill of Rs.2916 due in 3 years hence at 8% C.I.?
Options- A. Rs.600
- B. Rs.601
- C. Rs.602
- D. Rs.603 Discuss
- 7. 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:
Options- A. gains Rs. 55
- B. gains Rs. 50
- C. loses Rs. 30
- D. gains Rs. 30 Discuss
- 8. The present value of a bill due at the end of 2 years is Rs.1250. If the bill were due at the end of 2 years and 11 months, its present worth would be Rs.1200. Find the rate of interest and the sum.
Options- A. rs.1175
- B. rs.1375
- C. rs.1475
- D. rs.1575 Discuss
- 9. Find the present worth of Rs.930 due 3 years hence at 8% per annum.Aso find the discount?
Options- A. 186
- B. 180
- C. 185
- D. 189 Discuss
- 10. If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is ?
Options- A. Rs.948
- B. Rs.876
- C. Rs.768
- D. Rs.658 Discuss
True Discount problems
Search Results
Correct Answer: Rs.6800
Explanation:
Correct Answer: 750
Explanation:
Let C.P be Rs. x
900 - x = 2(x - 450) => x = Rs.600
C.P = 600 gain required is 25%
S.P = [(100+25) x 600] / 100 = Rs.750
Correct Answer: 27
Correct Answer: 18
Correct Answer: 20
Correct Answer: Rs.602
Explanation:
PW =
Correct Answer: gains Rs. 50
Correct Answer: rs.1375
Explanation:
PW =
Correct Answer: 180
Explanation:
P.W = [100 x Amount] / [100+(R x T)]
=[100 x 930] / [100+(8x3)] = Rs. 750
T.D = Amount - P.W = 930 - 750 = Rs.180
Correct Answer: Rs.768
Explanation:
P.W. =
=
= 600.
Sum = (P.W. + T.D.) = Rs. (600 + 168) = Rs. 768.
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