MCQOPTIONS
Saved Bookmarks
MCQOPTIONS
This section includes 6 Mcqs, each offering curated multiple-choice questions to sharpen your Mathematics Quizzes knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:_________? |
| A. | 12% |
| B. | 13% |
| C. | 15% |
| D. | 14% |
| Answer» D. 14% | |
| 2. |
The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 85 and Rs. 80 respectively. The sum is:_______? |
| A. | Rs. 1800 |
| B. | Rs. 1450 |
| C. | Rs. 1360 |
| D. | Rs. 6800 |
| Answer» D. Rs. 6800 | |
| 3. |
If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:________? |
| A. | Rs. 768 |
| B. | Rs. 968 |
| C. | Rs. 1960 |
| D. | Rs. 2400 |
| Answer» B. Rs. 968 | |
| 4. |
A tradesman marks his goods 10% above his cost price. If he allows his customers 10% discount on the marked price. How much profit or loss does he make, if any ? |
| A. | 1% gain |
| B. | 1% loss |
| C. | 5% gain |
| D. | No gain no loss |
| Answer» C. 5% gain | |
| 5. |
A shopkeeper marks his goods 20% above cost price, but allows 30% discount for cash payment. His net loss is ? |
| A. | 8% |
| B. | 10% |
| C. | 16% |
| D. | 20% |
| Answer» D. 20% | |
| 6. |
A shopkeeper earns a profit of 10% after allowing a discount of 20% on the marked price. The cost price of the article whose marked price is Rs. 880, is =_______ ? |
| A. | Rs. 704 |
| B. | Rs. 640 |
| C. | Rs. 774 |
| D. | Rs. 680 |
| Answer» D. Rs. 680 | |