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Home Aptitude Discount Comments

  • Question
  • If $ 10 be allowed as true discount on a bill of $ 110 due at the end of certain time, then the discount allowed on the same amount due at the end of double the time is :


  • Options
  • A. $ 20
  • B. $ 21.81
  • C. $ 22
  • D. $ 18.33

  • Correct Answer
  • $ 18.33 

    Explanation


  • Discount problems


    Search Results


    • 1. 
      The holder of a bill for ?17850 nominally due on May 21, 1991 received ?357 less than the amount of the bill by having it discounted at 5 %. When was it discounted?

    • Options
    • A. Dec 29, 1990
    • B. Dec 30, 1989
    • C. Dec 19, 1990
    • D. Dec 20, 1995
    • Discuss
    • 2. 
      At a given rate, the simple interest and the true discount on a certain sum, for a given time, are ?24 and ?22, respectively. The sum is :

    • Options
    • A. ?264
    • B. ?220
    • C. ?288
    • D. ?295
    • Discuss
    • 3. 
      A man bought a motor-cycle for ?32500. He sold it for ?35000, allowing the buyer for a 6 months credit. If the money be worth 4 % per annum, the gain percent is :

    • Options
    • A. 8 1 % 7
    • B. 7 9 % 13
    • C. 7 5 % 13
    • D. 8 2 % 5
    • Discuss
    • 4. 
      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
    • 5. 
      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
    • 6. 
      If on a marked price, the difference of selling prices with a discount of 30 % and two successive discounts of 20 % and 10 % is ? 72, then the marked price (in ?) is

    • Options
    • A. ? 3600
    • B. ? 3000
    • C. ? 2500
    • D. ? 2400
    • Discuss
    • 7. 
      A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is

    • Options
    • A. 45 : 56
    • B. 8 : 11
    • C. 47 : 56
    • D. 3 : 4
    • Discuss
    • 8. 
      A manufacturer marked an article at ? 50 and sold it allowing 20% discount. If his profit was 25%, then the cost price of the article was

    • Options
    • A. ? 40
    • B. ? 35
    • C. ? 32
    • D. ? 30
    • Discuss
    • 9. 
      A seller marks his goods 30% above their cost price but allows 15% discount for cash payment. His percentage of profit when sold in cash, is?

    • Options
    • A. 10.5%
    • B. 15%
    • C. 9%
    • D. 8.5%
    • Discuss
    • 10. 
      By selling an article at 3/4th of the marked price, there is a gain of 25%. The ratio of the marked price and the cost price is

    • Options
    • A. 5 : 3
    • B. 3 : 5
    • C. 3 : 4
    • D. 4 : 3
    • Discuss


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