MCQOPTIONS
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MCQOPTIONS
This section includes 60 Mcqs, each offering curated multiple-choice questions to sharpen your General Aptitude knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
Goods were bought for Rs. 600 and sold the same for Rs. 688.50 at a credit of 9 months and thus gaining 2% The rate of interest per annum is: |
| A. | 16(2/3)% |
| B. | 14(1/2)% |
| C. | 13(1/3)% |
| D. | 15% |
| Answer» B. 14(1/2)% | |
| 52. |
The present worth of Rs. 2310 due 2(1/2) years hence, the rate of interest being 15% per annum, is: |
| A. | Rs. 1750 |
| B. | Rs. 1680 |
| C. | Rs. 1840 |
| D. | Rs. 1443.75 |
| Answer» C. Rs. 1840 | |
| 53. |
The true discount on Rs. 1760 due after a certain time at 12% per annum is Rs. 160. The time after which it is due is: |
| A. | 6 months |
| B. | 8 months |
| C. | 9 months |
| D. | 10 months |
| Answer» E. | |
| 54. |
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: |
| A. | gains Rs. 55 |
| B. | gains Rs. 50 |
| C. | loses Rs. 30 |
| D. | gains Rs. 30 |
| Answer» C. loses Rs. 30 | |
| 55. |
The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is: |
| A. | Rs. 1386 |
| B. | Rs. 1764 |
| C. | Rs. 1575 |
| D. | Rs. 2268 |
| Answer» C. Rs. 1575 | |
| 56. |
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. 20 |
| B. | Rs. 21.81 |
| C. | Rs. 22 |
| D. | Rs. 18.33 |
| Answer» E. | |
| 57. |
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 good |
| D. | None of these |
| Answer» B. s. 12,880 at credit | |
| 58. |
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. 9025.20 |
| B. | Rs. 9200 |
| C. | Rs. 9600 |
| D. | Rs. 9560 |
| Answer» C. Rs. 9600 | |
| 59. |
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% |
| Answer» D. 14% | |
| 60. |
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% |
| Answer» B. 5% | |