Discussion
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- Question
- The present worth of ? 920 due at the end of 3 years at 5 % simple interest per annum is :
Options- A. ?780
- B. ?850
- C. ?800
- D. ?810
- Correct Answer
- ?800
Explanation
- 1. Two successive discounts of 20% and 5% are equivalent to a single discount of
Options- A. 25%
- B. 24%
- C. 18%
- D. 15% Discuss
- 2. The marked price of an article is ? 500. It is sold on two successive discounts of 20% and 10%. The selling price of that article is
Options- A. ? 350
- B. ? 375
- C. ? 360
- D. ? 400 Discuss
- 3. Rita bought a television set with 20% discount on the labelled price. She made a profit of ? 800 by selling it for ? 16800. The labelled price of the set was
Options- A. ? 10000
- B. ? 20000
- C. ? 20800
- D. ? 24000 Discuss
- 4. A merchant marked the price on his goods 20% more than its cost price and allows a discount of 15%. His gain percent is
Options- A. 1%
- B. 2%
- C. 10%
- D. 15% Discuss
- 5. The difference between a discount of 40% on ? 500 and two successive discounts of 36% and 4% on the same amount is?
Options- A. ? 0
- B. ? 2
- C. ? 1.93
- D. ? 7.20 Discuss
- 6. If the simple interest on a certain sum is due for some years at 6 % is ?180, and the discount at 5 % on the same amount is ?140. Find the sum and the time.
Options- A. ? 2100 and 1 3 Year 7
- B. ? 2200 and 2 3 Year 7
- C. ? 2000 and 2 3 Year 7
- D. ? 2300 and 1 3 Year 7 Discuss
- 7. The banker's gain on a certain sum of money is due for 9 months at 4 % p.a. is ?2.25. The sum is :
Options- A. ?2575
- B. ?2500
- C. ?2250
- D. ?3250 Discuss
- 8. The present worth of a bill of ?1764 due for 2 years at 5 % compound interest is :
Options- A. ?1650
- B. ?1700
- C. ?1600
- D. ?1714 Discuss
- 9. The present worth of a sum of money due for 146 days at 5 % is ?400. The sum due is :
Options- A. ?410
- B. ?408
- C. ?415
- D. ?450 Discuss
- 10. A banker discounts a 4 months bill at 3 %. If the proceeds be invested in a manner, so that nothing is lost, the interest rate should be :
Options- A. 3%
- B. 4%
- C. 3 1 % 33
- D. 3 1 % 36 Discuss
Discount problems
Search Results
Correct Answer: 24%
Explanation:
Here, r1 = 20% and r2 = 5%
? Required percentage
= r1 + r2 - (r1 x r2)/100%
= 20 + 5 - (20 x 5)/100
= 25 - 1
=24%
Correct Answer: ? 360
Explanation:
? Marked price of an article = ? 500
The selling price of article after discount 20% and 10%
= 500 x {(100 - 20) / 100} x {(100 - 10) / 100}
= 500 x (80/100) x (90/100)
= ? 360
Correct Answer: ? 20000
Explanation:
Let labelled price of TV = ? R
? SP of the TV = [R x (100 - 20)] / 100 = ? 4R/5
But 16800 - 800 = 4R/5
? x = (16000 x 5)/4 = ? 20000
Correct Answer: 2%
Explanation:
Here, r = 20% and r1 = 15%
Required profit per cent =[ r(100 - r1)/100] - r1
= [20(100 - 15)/100] - 15
= 17 - 15
= 2%
Correct Answer: ? 7.20
Explanation:
? Single discount equivalent to 36% and 4%
= 36 + 4 - {(36 x 4)/100} = 38.56
? Required difference
= {(40 - 38.56) x 500}/100 = 1.44 x 5 = ? 7.20
Correct Answer: ? 2100 and 1 3 Year 7
Explanation:
Correct Answer: ?2575
Explanation:
Correct Answer: ?1600
Explanation:
Correct Answer: ?408
Explanation:
Correct Answer: 3 1 % 33
Explanation:
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