Explore topic-wise MCQs in True Discount.

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