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True Discount

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61.

There was 25% off on handbags. Madhu bought a handbag. She also got a 10% discount for paying cash. She paid Rs. 405. What as the price tag on the handbag?

Answer: D

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62.

A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a gain of:

Answer: A

C.P = Rs.3000 

S.P =Rs. [3600 x 10] / [100+(10 x 2)] = Rs.3000 

Gain =0%

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63.

The True discount on Rs1760 due after a certain time at 12% per annum is Rs160. The time after which it is due is?

Answer: D

P.W = Rs. (1760 - 160) = Rs.1600  

S.I on Rs.1600 at 12% is Rs. 160 

Time = (100 x 160)/(1600 x 12)  = 5/6 years = (5/6) x 12 months = 10 months

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64.

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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65.

The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:

Answer: A

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66.

The interest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 due 2 years hence. If the rate of interest is the same in both cases, it is:

Answer: C

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67.

The difference between Simple Interest and True Discount on a certain sum of money for 6 months at 12 1/2% per annum is Rs 25. Find the sum.

Answer: A

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68.

Gurpreet went to a shop and bought a sofa. She got a 20% discount on it. Had she gotten 25% discount she would have saved Rs. 1000 more. How much did she pay for the sofa?

Answer: C

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69.

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

Answer: C

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70.

How much percent must be added to the cost price of goods so that a profit of 20% must be made after throwing off a discount of 10% from the labeled price?

Answer: D

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