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True Discount

Important Instructions
51.

Sonali could not decide between discount of 30% or two successive discounts of 25% and 5%, both given on shopping of Rs. 2000. What is the difference between both the discounts?

Answer: B

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52.

If successive discounts are 15% and 10% then, what is its single equivalent discount?

Answer: C

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53.

The list price of an article is Rs. 20. There is a discount of 5%. What is the selling price?

Answer: B

Rs. 20 * 5%
= 20 * 0.05 = Re. 1 discount
Rs. 20 - 1 = Rs. 19

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54.

The present worth of a certain sum due sometime hence is Rs.1600 and the true discount is Rs.160. The banker's gain is?

Answer: C

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55.

The Present worth of Rs.2310 due 2 1/2 years hence ,the rate of interest being 15% per annum, is :

Answer: C

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56.

How much does the sarees sales revenue of Uday increase, if Uday announces 25% discount on sarees and the saree sales volume increase by 40%?

Answer: B

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57.

The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is?

Answer: C

P.W = 2562-122 =Rs.2440   

Rate = [100 x 122] / [2440 x (1/3)] =15%

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58.

Find the present worth of Rs.930 due 3 years hence at 8% per annum.Aso find the discount?

Answer: B

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

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59.

2 successive discounts with the first being 20%, were given on a table having marked price of Rs. 6400. Finally it was sold for Rs. 4608. How much was the 2nd discount?

Answer: B

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60.

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:

Answer: B

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