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True Discount

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71.

The true discount on  a bill of Rs.540 is rs.90 . The banker's discount is?

Answer: B

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72.

A company sells pens at a price of Rs. 100 per dozen, but gives a 15% discount on any order which exceeds 12 dozens. If a merchant wants to get three thousand pens, how much he will have to pay?

Answer: C

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73.

The banker’s gain of a certain sum due 2 years hence at 5% per annum is Rs. 80. The present worth is ?

Answer: A

T.D. = (B.G. * 100) / (Rate * Time)
= Rs. (80 * 100) / (5 * 2)
= Rs. 800

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74.

In order that there may be a profit of 20?ter allowing a discount of 40% on the marked price, the cost price of an article has to be increased by?

Answer: D

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75.

The true discount on a bill due 9 months hence at 12% per annum is Rs. Find the amount of the bill and its present worth.

Answer: D

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76.

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

Answer: B

S.I on Rs.750= T.D on Rs. 960 

This means P.W of Rs. 960 due 2 years hence is Rs.750 

Therefore , T.D= Rs. (960 - 750) = Rs. 210 

Thus, S.I on Rs. 750 for 2 years is Rs. 210 

Rate =[ (100 x 210) / (750 x 2) ] % = 14%

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77.

The banker's gain on a sum due 3 years hence at 12% per annum is Rs.270. The banker's discount is?

Answer: C

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78.

If successive discounts are 10%, 20% and 30%, then what is its single equivalent discount?

Answer: C

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79.

If a shopkeeper gives 20% discount and then 10% discount on a pen, which has the marked price of Rs. 500, how much would be the selling price of the pen?

Answer: D

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80.

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

Answer: C

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