

MCQOPTIONS
This section includes 90 Mcqs, each offering curated multiple-choice questions to sharpen your True Discount knowledge and support exam preparation. Choose a topic below to get started.
51. |
The basic enthusiasm on Rs 750 for a long time is equivalent to the genuine rebate on Rs 810 for the same time and at the same rate. The rate of interest per annum is: |
A. | 4% |
B. | 13/3% |
C. | 5% |
D. | 31/6% |
Answer» B. 13/3% | |
52. |
The basic hobby and the true rebate on a sure aggregate for a given time and at a given rate are Rs 85 and Rs 80 separately. The entirety due is: |
A. | Rs 1360 |
B. | Rs 1450 |
C. | Rs 1800 |
D. | Rs 6800 |
Answer» B. Rs 1450 | |
53. |
I purchased a bike for Rs 1056 in real money and sold it around the same time for Rs 1296 payable following 6 months. On the off chance that the rate of hobby is 12% p.a., what amount was my addition? |
A. | 11.1% |
B. | 12.25% |
C. | 13.6% |
D. | 22.7% |
Answer» D. 22.7% | |
54. |
The genuine rebate on Rs 5125 due 6 months subsequently is Rs 125. The rate of interest per annum is: |
A. | 5% |
B. | 6% |
C. | 7% |
D. | 8% |
Answer» B. 6% | |
55. |
Find a single discount which is equivalent to three successive discounts of 15%, 16% & 20%. |
A. | 40.0% |
B. | 41.58% |
C. | 42.88% |
D. | 43.76% |
Answer» D. 43.76% | |
56. |
A man buys a watch for Rs. 2825 in cash and sells it for Rs. 3300 at a credit of 1 year. If the rate of interest is 15% per annum, the man: |
A. | Rs. 150 |
B. | Rs. 175. |
C. | Rs. 475 |
D. | Rs. 500 |
Answer» C. Rs. 475 | |
57. |
The banker's gain on a bill due 3 year hence at 6% per annum is Rs. 18. The true discount is: |
A. | Rs.100 |
B. | Rs.75 |
C. | Rs.50 |
D. | Rs.33.33 |
Answer» B. Rs.75 | |
58. |
The true discount on Rs. 3520 due after a certain time at 18% per annum is Rs. 320. The time after which it is due is: |
A. | 9/4 years |
B. | 6/5 years |
C. | 5/9 years |
D. | 4/9 years |
Answer» D. 4/9 years | |
59. |
The interest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 due 2 years hence. If the rate of interest is the same in both cases, it is: |
A. | 12% |
B. | 13% |
C. | 14% |
D. | 16% |
Answer» D. 16% | |
60. |
A shopkeeper professes to sell all things at a discount of 20% ,but increases selling price of each article by 30% .His gain on each article is |
A. | 3% |
B. | 4% |
C. | 5% |
D. | 6% |
Answer» C. 5% | |
61. |
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% | |
62. |
Find the selling price of an article listed at Rs. 10 on which there are discounts of 20% and 10%. |
A. | 7.20 |
B. | 6.20 |
C. | 10.20 |
D. | 8.20 |
Answer» B. 6.20 | |
63. |
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. 1960 |
Answer» C. Rs. 1840 | |
64. |
A man bought dairy animals for Rs 3000 in real money and sold it that day for Rs 3660 due 2 years consequently. In the event that the rate of hobby is 10% p.a., the man picks up: |
A. | 0% |
B. | 5% |
C. | 7.5% |
D. | None of these |
Answer» E. | |
65. |
The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is: |
A. | Rs. 1325 |
B. | Rs. 1300 |
C. | Rs. 1304 |
D. | Rs. 1500 |
Answer» B. Rs. 1300 | |
66. |
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 | |
67. |
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 | |
68. |
A single discount equivalent to a discount series of 20%, 10% and 25% is? |
A. | 55% |
B. | 54% |
C. | 46% |
D. | 42% |
Answer» D. 42% | |
69. |
The list price of an article is Rs. 20. There is a discount of 5%. What is the selling price? |
A. | 16 |
B. | 19 |
C. | 21 |
D. | 24 |
Answer» C. 21 | |
70. |
Profit of Raj while selling a book to Simran is Rs. 63. Despite a discount of 23% on the book Raj manages to get 10% profit. What must be the list price of the book? |
A. | Rs. 1120 |
B. | Rs. 560 |
C. | Rs. 900 |
D. | Rs. 750 |
Answer» D. Rs. 750 | |
71. |
During monsoon clearance sale, Amit buys a shirt at double discount of 20% and 10%. At what price he bought the shirt if marked price was Rs. 1000? |
A. | Rs. 720 |
B. | Rs. 800 |
C. | Rs. 700 |
D. | Rs. 850 |
Answer» B. Rs. 800 | |
72. |
If successive discounts are 15% and 10% then, what is its single equivalent discount? |
A. | 12.5% |
B. | 24.5% |
C. | 23.5% |
D. | 20% |
Answer» D. 20% | |
73. |
If successive discounts are 10%, 20% and 30%, then what is its single equivalent discount? |
A. | 60% |
B. | 40.56% |
C. | 49.6% |
D. | 30% |
Answer» D. 30% | |
74. |
The marked price of a watch is Rs. 800. A shopkeeper gives two successive discounts and sells the watch at Rs. 612. If the first discount is 10%, the second discount is |
A. | 12% |
B. | 20% |
C. | 15% |
D. | 10% |
Answer» D. 10% | |
75. |
Successive discounts of 20% and 15% are equivalent to a single discount of |
A. | 68% |
B. | 65% |
C. | 35% |
D. | 32% |
Answer» E. | |
76. |
A vase has a marked price of Rs. 560. Simran pays Rs. 336 for it because she got 2 successive discounts, one of 20% and other of _____ |
A. | 20 |
B. | 15% |
C. | 25% |
D. | 10% |
Answer» D. 10% | |
77. |
Ramesh was getting two offers on a book having marked price Rs. 800. Either two successive discounts of 20?ch or two successive discounts of 30% and 10%. If Ramesh chose the better scheme, how much more he must have saved compared to other scheme? |
A. | Rs. 16 |
B. | Rs. 24 |
C. | Rs. 8 |
D. | Rs. 4 |
Answer» B. Rs. 24 | |
78. |
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? |
A. | 66.67% |
B. | 33.33% |
C. | 50% |
D. | 100% |
Answer» E. | |
79. |
Marked price of a TV is 20% more than its cost price. Yet Ajay gives a discount of 30% while selling the TV. How much per cent loss did he incur? |
A. | 10% |
B. | 16% |
C. | 5% |
D. | 50% |
Answer» C. 5% | |
80. |
2 successive discounts with the first being 20%, were given on a table having marked price of Rs. 6400. Finally it was sold for Rs. 4608. How much was the 2nd discount? |
A. | 20% |
B. | 10% |
C. | 5% |
D. | 25% |
Answer» C. 5% | |
81. |
30% discount on Rs. 1000 and 2 successive discounts of 15% and 15% will have a difference of |
A. | Rs. 22.5 |
B. | Rs. 10 |
C. | Rs. 150 |
D. | |
Answer» B. Rs. 10 | |
82. |
Raj decides to sell his watch at 5% discount. But his brother buys it from him and he gives his brother 8% discount. Due to this Raj gets Rs. 45 less in the profit. What was the marked price of the watch? |
A. | Rs. 1500 |
B. | Rs. 1800 |
C. | |
D. | D. |
Answer» B. Rs. 1800 | |
83. |
If a book costs Rs. 900 and is sold with a profit of 10% and discount of 12% then, the advertised price is? |
A. | Rs. 1050 |
B. | Rs. 1125 |
C. | Rs. 812.5 |
D. | Rs. 1225 |
Answer» C. Rs. 812.5 | |
84. |
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? |
A. | Rs. 350 |
B. | Rs. 150 |
C. | Rs. 320 |
D. | Rs. 360 |
Answer» E. | |
85. |
There is a 10% discount on a dozen pairs of trousers marked at Rs. 8000. How many pair of trousers can be bought with Rs. 2400? |
A. | 7 |
B. | 2 |
C. | 4 |
D. | 8 |
Answer» D. 8 | |
86. |
Blackberry announced a discount of 25% on their trousers. Vivek went to shop. He wanted to save Rs. 400 in discount. How many trousers should he buy to do so, if each trouser costs Rs. 320? |
A. | 5 |
B. | 4 |
C. | 10 |
D. | 50 |
Answer» B. 4 | |
87. |
Chandrika raised the price of their products by 40%. How much discount should they give so as to sell the products on no profit no loss basis? |
A. | 40% |
B. | 28.5% |
C. | 22.5% |
D. | 32.75% |
Answer» C. 22.5% | |
88. |
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. | Rs. 12,880 at credit |
C. | Both are equally good |
Answer» B. Rs. 12,880 at credit | |
89. |
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. | |
90. |
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 | |