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  • General Questions (Objective Type)
"Loneliness is the most terrible poverty."
- Mother Teresa

Aptitude - True Discount

@ : Home > Aptitude > True Discount > General Questions (Objective Type)
1. 

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:

A.
0%
B. 5%
C. 7.5%D. 10%

2. 

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

A. 12%B.
13 1 %
3
C.
15%
D. 14%

3. 

A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest 12% per annum, how much cash should he pay?

A. Rs. 9025.20B.
Rs. 9200
C. Rs. 9600D. Rs. 9560

4. 

A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other a credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer?

A.
Rs. 12,000 in cash
B. s. 12,880 at credit
C. Both are equally goodD. [NIL]

5. 

If Rs. 10 be allowed as true discount on a bill of Rs. 110 due at the end of a certain time, then the discount allowed on the same sum due at the end of double the time is:

A. Rs. 20B. Rs. 21.81
C. Rs. 22D.
Rs. 18.33



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