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True Discount problems


  • 1. 
    The difference between a discount of 40% on $ 500 and two successive discounts of 36%, 4% on the same amount is :

  • Options
  • A. $ 0
  • B. $ 2
  • C. $ 1.93
  • D. $ 7.20
  • Discuss
  • 2. 
    Successive discounts of 10 %, 20 % and 30 % is equivalent to a single discount of :

  • Options
  • A. 60 %
  • B. 49.6 %
  • C. 40.5 %
  • D. 36 %
  • Discuss
  • 3. 
    A man buys a single apple for $ 25. If he were to buy a dozen apples, he would have to pay a total amount of $ 250. What would be the approximate % discount he would get on buying a dozen apples?

  • Options
  • A. 32
  • B. 20
  • C. 12
  • D. 17
  • Discuss
  • 4. 
    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 rupees) is :

  • Options
  • A. 3,600
  • B. 3,000
  • C. 2,500
  • D. 2,400
  • Discuss
  • 5. 
    A fan is listed at $ 1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer to bring the net price to $ 1104?

  • Options
  • A. 8 %
  • B. 10 %
  • C. 12 %
  • D. 15 %
  • Discuss
  • 6. 
    An article is marked 40 % above the cost price and a discount of 30 % is allowed. What is the gain or loss %?

  • Options
  • A. 10% gain
  • B. 5% gain
  • C. 2% loss
  • D. 12% loss
  • Discuss
  • 7. 
    The true discount on a bill of $ 1260 is due for 6 months at 10 % per annum is:

  • Options
  • A. $ 60
  • B. $ 160
  • C. $ 80
  • D. $ 260
  • Discuss
  • 8. 
    The present worth of $ 220.50 due in 2 years reckoning compound interest at 5 % is :

  • Options
  • A. $ 200
  • B. $ 197.5
  • C. $ 202
  • D. $ 192.25
  • Discuss
  • 9. 
    $ 21 is the true discount on $ 371 for a certain time at certain int. If the rate of interest is kept same, true discount on the same sum for double that time will be :

  • Options
  • A. $ 44.38
  • B. $ 39.75
  • C. $ 33.25
  • D. None of these
  • Discuss
  • 10. 
    $ 20 is the true discount on $ 260 due after a certain time. What will be the true discount on the same amount due after half of the earlier time, the rate of interest being the same.

  • Options
  • A. $ 10
  • B. $ 10.40
  • C. $ 15.20
  • D. $ 13
  • Discuss

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