177 + Mcqs in True Discount in General Aptitude Page 3 McqOptions

101.	The true discount on Rs. 1760 due after a certain time a 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.

Discussion

102.	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

Discussion

103.	Find the present worth of Rs. 930 due 3 years hence at 8% per annum. Also find the discount.
A.	650, 280
B.	750, 180
C.	800, 130
D.	850, 80
Answer» C. 800, 130

Discussion

104.	The present worth of Rs. 2310 due 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

Discussion

105.	A trader owens a merchant Rs.10,028 due 1` year hence. The trader wants to settle the account after 3 months.If the rate of interest is 12% per annum , how much cash should he pay?
A.	Rs.9025
B.	Rs.9200
C.	Rs.9600
D.	Rs.9560
Answer» B. Rs.9200

Discussion

106.	The true discount on a certain sum of money due 3 years hence is Rs. 250 and the simple interest on the same sum for the same time and at the same rate is Rs. 375. Find the sum and the rate percent.
A.	650, 50/3%
B.	750, 70/3%
C.	750, 50/3%
D.	550, 70/3%
Answer» B. 750, 70/3%

Discussion

107.	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 interests is 10% per annum, the man
A.	gain Rs.55
B.	gain Rs.30
C.	loses Rs.30
D.	gains Rs.50
Answer» E.

Discussion

108.	The Simple interest and the true discount 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

Discussion

109.	If the true discount on a 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

Discussion

110.	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.

Discussion

111.	The difference between the simple interest and true discount on a certain sum of money for 6 months at 12% per annum is Rs. 25. Find the sum.
A.	6400
B.	6800
C.	7000
D.	7200
Answer» C. 7000

Discussion

112.	The true discount on a bill due 9 months hence at 12% per annum is Rs.540. Find the amount of the bill and its present worth.
A.	Rs. 6000
B.	Rs. 5000
C.	Rs. 5500
D.	Rs.2500
Answer» B. Rs. 5000

Discussion

113.	A man buys a watch for Rs. 195 in cash and sells is for Rs. 220 at a credit of 1 year. If the rate of interest is 10% the man:
A.	gains Rs. 15
B.	gains Rs. 3
C.	gains Rs. 5
D.	loses Rs. 5
Answer» D. loses Rs. 5

Discussion

114.	The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 25 and Rs. 20 respectively. The sum is:
A.	Rs. 500
B.	Rs. 200
C.	Rs. 250
D.	Rs. 100
Answer» E.

Discussion

115.	The true discount on a bill due 10 months hence at 6% per annum is Rs. 26.25. The amount of the bill is:
A.	Rs. 1575
B.	Rs. 500
C.	Rs. 650.25
D.	Rs. 551.25
Answer» E.

Discussion

116.	If the true discount for a sum of ₹ 50000 for a period of 4 yr at a certain rate of interest per annum is ₹ 2000, find the rate of interest.
A.	1%
B.	1.5%
C.	2%
D.	5%
Answer» B. 1.5%

Discussion

117.	What will be the true discount for the present worth of ₹ 600 for a period of 4 yr at 4% per annum rate of interest?
A.	100
B.	32
C.	86
D.	96
Answer» E.

Discussion

118.	A man buys a watch for Rs. 195 in cash and sells it for Rs. 220 at a credit of 1 year. If the rate of interest is 10%, the man ?
A.	Gains Rs. 15
B.	Gains Rs. 3
C.	Gains Rs. 5
D.	Loses Rs. 5
Answer» D. Loses Rs. 5

Discussion

119.	The difference between the simple interest and the true discount on a certain sum of money foe 6 months at 6% is Rs. 27. Find the sum ?
A.	Rs. 30900
B.	Rs. 39000
C.	Rs. 20900
D.	Rs. 30600
Answer» B. Rs. 39000

Discussion

120.	The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 25 and Rs. 20 respectively. The sum is ?
A.	Rs. 500
B.	Rs. 200
C.	Rs. 250
D.	Rs. 100
Answer» E.

Discussion

121.	If the interest on Rs. 50 at 41/2 be equal to the discount on Rs. 59 for the same time and at the same rate when is the latter sum due ?
A.	2 years
B.	4 years
C.	6 years
D.	3 years
Answer» C. 6 years

Discussion

122.	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

Discussion

123.	A man purchased a cow for Rs. 300 and sold it the same day for Rs. 360, allowing the buyer a credit of 9 years. If the rate of interest be 7 % per annum, then the man has a gain of:
A.	4 %
B.	5 %
C.	6%
D.	5%
Answer» E.

Discussion

124.	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.

Discussion

125.	A owes B, Rs. 1120 payable 2 years hence and B owes A, Rs. 1081.50 payable 6 months hence. If they decide to settle their accounts forth with by payment of ready money and the rate of interest be 6% p
A.	A, Rs. 50
B.	B, Rs. 50
C.	A, Rs. 70
D.	B, Rs. 70
Answer» C. A, Rs. 70

Discussion

126.	The true discount on Rs. 2575 due 4 months hence is Rs. 75. The rate percent is:
A.	6%
B.	8%
C.	9%
D.	5%
Answer» B. 8%

Discussion

127.	The interest on Rs. 750 for 2 years is equal to the discount on Rs. 810 for the same time and at the same rate. The rate percent is:
A.	4 %
B.	5
C.	4%
D.	5%
Answer» D. 5%

Discussion

128.	If the true discount on a sum due 2 years hence at 5% per annum be Rs. 75, then the sum due is:
A.	Rs. 750
B.	Rs. 825
C.	Rs. 875
D.	Rs. 800
Answer» C. Rs. 875

Discussion

129.	A trader owes a merchant Rs. 901 due 1 year’s hence. However, the trader wants to settle the account after 3 months. How much cash should he pay, if rate of interest is 8% per annum:
A.	Rs. 870
B.	Rs. 850
C.	Rs. 828.92
D.	Rs. 846.94
Answer» C. Rs. 828.92

Discussion

130.	A man wants to sell his scooter . There are two offers , one at Rs. 12,000 cash and the other at a credit of Rs. 12,880 to be paid after 8 months , money being at 18% per annum . Which is the bet
A.	Rs. 12,000
B.	Rs. 12,880
C.	Both are equally good
D.	None of these
Answer» B. Rs. 12,880

Discussion

131.	Goods were bought for Rs. 600 and sold the same day for Rs. 650.25 at a credit of 9 months and still there was a gain of 2%. The rate percent is:
A.	6 %
B.	8 %
C.	8%
D.	7 %
Answer» E.

Discussion

132.	The true discount on Rs. 1860 due after a certain time at 5% is Rs. 60. The time after which it is due is:
A.	6 months
B.	8 months
C.	9 months
D.	10 months
Answer» C. 9 months

Discussion

133.	Rs. 20 is the true discount on Rs. 260 due after a certain time. What will be the true discount on the same due after half of the former time, the rate of interest being the same:
A.	Rs. 870
B.	Rs. 850
C.	Rs. 828.92
D.	Rs. 846.94
Answer» C. Rs. 828.92

Discussion

134.	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%

Discussion

135.	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.	14%
C.	15%
D.	16%
Answer» C. 15%

Discussion

136.	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

Discussion

137.	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.

Discussion

138.	The true discount on a certain sum of money due 3 years hence is Rs. 250 and the simple interest on he same sum for the same time and at the same rate is Rs. 375 . Find the sum and the rate percent .
A.	13%
B.	14%
C.	15%
D.	16%
Answer» E.

Discussion

139.	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. 1350
D.	Rs. 1500
Answer» B. Rs. 1300

Discussion

140.	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

Discussion

141.	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.	14%
C.	15%
D.	16%
Answer» E.

Discussion

142.	Rs. 20 is the true discount on Rs. 260 due after a certain time. What will be the true discount on the same sum due after half of the former time, the rate of interest being the same?
A.	Rs. 10
B.	Rs. 10.40
C.	Rs. 15.20
D.	Rs. 13
Answer» C. Rs. 15.20

Discussion

143.	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.

Discussion

144.	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» B. 13%

Discussion

145.	A man wants to sell his scooter .There are two offers one at Rs12000 cash and other at a credit of Rs12880 to be paid after 8 months ,money being at 18% per annum which is better offer?
A.	Rs.12880
B.	Rs.12000
C.	Both are equally good
D.	None of the above
Answer» C. Both are equally good

Discussion

146.	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

Discussion

147.	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

Discussion

148.	The true discount on a bill due 9 months hence at 12% per annum is Rs. Find the amount of the bill and its present worth.
A.	1500
B.	1600
C.	6200
D.	6000
Answer» E.

Discussion

149.	The present worth of Rs.1404 due in two equal half-yearly instalments at 8% per annum. Simple interest is:
A.	1320
B.	1300
C.	1325
D.	1200
Answer» D. 1200

Discussion

150.	If Rs.10 be allowed as true discount on a bill of Rs.110 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.	18.20
B.	18.33
C.	18
D.	18.30
Answer» C. 18

Discussion

Explore topic-wise MCQs in General Aptitude.

The true discount on Rs. 1760 due after a certain time a 12% per annum is Rs. 160 . The time after which it is due is :

The true discount on a bill due 9 months hence at 16% per annum is Rs. 189 . the amount of the bill is :

Find the present worth of Rs. 930 due 3 years hence at 8% per annum. Also find the discount.

The present worth of Rs. 2310 due 2 years hence, the rate of interest being 15% per annum, is:

A trader owens a merchant Rs.10,028 due 1` year hence. The trader wants to settle the account after 3 months.If the rate of interest is 12% per annum , how much cash should he pay?

The true discount on a certain sum of money due 3 years hence is Rs. 250 and the simple interest on the same sum for the same time and at the same rate is Rs. 375. Find the sum and the rate percent.

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 interests is 10% per annum, the man

The Simple interest and the true discount 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 :

If the true discount on a sum due 2 years hence at 14% per annum be Rs. 168, the sum due is :

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 :

The difference between the simple interest and true discount on a certain sum of money for 6 months at 12% per annum is Rs. 25. Find the sum.

The true discount on a bill due 9 months hence at 12% per annum is Rs.540. Find the amount of the bill and its present worth.

A man buys a watch for Rs. 195 in cash and sells is for Rs. 220 at a credit of 1 year. If the rate of interest is 10% the man:

The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 25 and Rs. 20 respectively. The sum is:

The true discount on a bill due 10 months hence at 6% per annum is Rs. 26.25. The amount of the bill is:

If the true discount for a sum of ₹ 50000 for a period of 4 yr at a certain rate of interest per annum is ₹ 2000, find the rate of interest.

What will be the true discount for the present worth of ₹ 600 for a period of 4 yr at 4% per annum rate of interest?

A man buys a watch for Rs. 195 in cash and sells it for Rs. 220 at a credit of 1 year. If the rate of interest is 10%, the man ?

The difference between the simple interest and the true discount on a certain sum of money foe 6 months at 6% is Rs. 27. Find the sum ?

The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 25 and Rs. 20 respectively. The sum is ?

If the interest on Rs. 50 at 41/2 be equal to the discount on Rs. 59 for the same time and at the same rate when is the latter sum due ?

The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is :

A man purchased a cow for Rs. 300 and sold it the same day for Rs. 360, allowing the buyer a credit of 9 years. If the rate of interest be 7 % per annum, then the man has a gain of:

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 owes B, Rs. 1120 payable 2 years hence and B owes A, Rs. 1081.50 payable 6 months hence. If they decide to settle their accounts forth with by payment of ready money and the rate of interest be 6% p

The true discount on Rs. 2575 due 4 months hence is Rs. 75. The rate percent is:

The interest on Rs. 750 for 2 years is equal to the discount on Rs. 810 for the same time and at the same rate. The rate percent is:

If the true discount on a sum due 2 years hence at 5% per annum be Rs. 75, then the sum due is:

A trader owes a merchant Rs. 901 due 1 year’s hence. However, the trader wants to settle the account after 3 months. How much cash should he pay, if rate of interest is 8% per annum:

A man wants to sell his scooter . There are two offers , one at Rs. 12,000 cash and the other at a credit of Rs. 12,880 to be paid after 8 months , money being at 18% per annum . Which is the bet

Goods were bought for Rs. 600 and sold the same day for Rs. 650.25 at a credit of 9 months and still there was a gain of 2%. The rate percent is:

The true discount on Rs. 1860 due after a certain time at 5% is Rs. 60. The time after which it is due is:

Rs. 20 is the true discount on Rs. 260 due after a certain time. What will be the true discount on the same due after half of the former time, the rate of interest being the same:

The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is :

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 :

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 :

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 :

The true discount on a certain sum of money due 3 years hence is Rs. 250 and the simple interest on he same sum for the same time and at the same rate is Rs. 375 . Find the sum and the rate percent .

The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:

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:

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:

Rs. 20 is the true discount on Rs. 260 due after a certain time. What will be the true discount on the same sum due after half of the former time, the rate of interest being the same?

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:

The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is?

A man wants to sell his scooter .There are two offers one at Rs12000 cash and other at a credit of Rs12880 to be paid after 8 months ,money being at 18% per annum which is better offer?

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:

If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:

The true discount on a bill due 9 months hence at 12% per annum is Rs. Find the amount of the bill and its present worth.

The present worth of Rs.1404 due in two equal half-yearly instalments at 8% per annum. Simple interest is:

If Rs.10 be allowed as true discount on a bill of Rs.110 at the end of a certain time , then the discount allowed on the same sum due at the end of double the time is