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True Discount

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11.

Simran gets a discount of 25% on Rs. 3600 oven. Since she pays cash, she gets additional 2% discount too. How much does she pay?

Answer: D

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12.

The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is:

Answer: B

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13.

The banker’s gain on a certain sum due 5/2 years hence is 9/25 of the banker’s discount. What is the rate percent?

Answer: D

T = 5/2 year
Let the banker’s discount, BD = Rs.1
Then, banker’s gain, BG = (9/25)*1 = Rs. 9/25
BG = BD-TD
=> 9/25 = 1-TD
=> TD = 1-9/25 = 16/25
F = BD*TD/(BD-TD)
= (1*16/25)/(1-(16/25)) (16/25)/(9/25) = Rs. 16/9
BD = simple interest on the face value of the bill for unexpired time = FTR/100
=> 1 = (16/9)*(5/2)*R/100
=> 100 = (16/9)*(5/2)*R
=> 100 = 16*5*R/9*2
=> 100 = 8*5*R/9
=> R = 100*9/8*5
= 100*9/40 = 5*9/2 = 45/2 = 22 1/2 %

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14.

A man bought dairy animals for Rs 3000 in real money and sold it that day for Rs 3660 due 2 years consequently. In the event that the rate of hobby is 10% p.a., the man picks up:

Answer: D

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15.

The marked price of a watch is Rs. 800. A shopkeeper gives two successive discounts and sells the watch at Rs. 612. If the first discount is 10%, the second discount is

Answer: C

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16.

A bill falls due in 1 year.The creditor agrees to accept immediate payment of the half and to defer the payment of the other half for 2 years.By this arrangement ins Rs.40.what is the amount of the bill,if he money be worth 12.5%?

Answer: C

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17.

If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:

Answer: A

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18.

The present worth of a certain bill due sometime hence is Rs.800 and true discount is Rs.36. The banker's discount is?

Answer: B

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19.

The banker's discount on Rs.1600 at 15% per annum is the same as true discount on Rs.1680 for the same time and at the same rate. The time is?

Answer: B

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20.

Ramesh was getting two offers on a book having marked price Rs. 800. Either two successive discounts of 20?ch or two successive discounts of 30% and 10%. If Ramesh chose the better scheme, how much more he must have saved compared to other scheme?

Answer: A

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