The difference between the simple interest and the true discount on a – McqOptions

MCQOPTIONS

1.	The difference between the simple interest and the true discount on a certain sum of money for
A.	700
B.	650
C.	675
D.	625
E.	None of these
Answer» C. 675

Discussion

No Comment Found

Related MCQs

The present worth of Rs. 2310 due 2 years hence, the rate of interest being 15% per annum, is:
M owes N 3146 payable 1<sup>1</sup>/<sub>2</sub> yr hence. Also, N owes M, 2889 payable 6 months hence. If they want to settle the account forthwith, keeping 14% the rate of interest, who should pay and how much ?
<b>$ 20</b> is the true discount on <b>$ 260</b> due after a certain time. What will be the true discount on the same amount due after half of the earlier time, the rate of interest being the same.
A fan is listed at <b>$ 1500</b> and a discount of <b>20%</b> is offered on the list price. What additional discount must be offered to the customer to bring the net price to <b>$ 1104?</b>
An article is marked <b>40 % </b>above the cost price and a discount of <b>30 %</b> is allowed. What is the gain or loss % ?
The true discount on a bill of <b>$ 1260</b> is due for <b>6</b> months at <b>10 %</b> per annum is:
I want to sell my scooter. There are two offers, One at cash payment of Rs. 8100 and another at a credit of Rs. 8250 to be paid after 6 months. If money being worth 6<sup>1</sup>/<sub>4</sub>% per annum simple interest, which is the better offer ?
A company offers three types of successive discounts :<b> (i)</b> 25% and 15%, <b>(ii)</b> 30% and 10%, <b>(iii)</b> 35% and 5%. Which offer is the best for a customer?
The difference between a discount of <b>40%</b> on <b>$ 500 </b>and two successive discounts of <b>36%, 4%</b> on the same amount is :
Successive discounts of <b>10 %</b>, 20 % and <b>30 %</b> is equivalent to a single discount of :