A has to pay Rs. 220 to B after 1 years . B asks A to pay Rs. 110 in cash and defer the payment of Rs. 110 for 2 years. . A agrees to it . If the rate of interest be 10% per annum , in this mode of p

There is no gain or loss to any one

177 + Mcqs in True Discount in General Aptitude Page 4 McqOptions

151.	A bill falls due in 1 year.The creditor agrees to accept immediate payment of the half and to defer the payment of the other half for 2 years.By this arrangement ins Rs.40.what is the amount of the bi
A.	1200
B.	3000
C.	3600
D.	1300
Answer» D. 1300

Discussion

152.	Find the present worth of Rs.930 due 3 years hence at 8% per annum.Aso find the discount?
A.	186
B.	180
C.	185
D.	189
Answer» C. 185

Discussion

153.	If Rs.20 is the True Discount on Rs260due after a certain time.What wil be true discount on the same sum due after half of the former time, the rate of interest being the same?
A.	Rs.9.40
B.	Rs.10.14
C.	Rs.10.40
D.	Rs.9.14
Answer» D. Rs.9.14

Discussion

154.	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.	1600
B.	7000
C.	6000
D.	6500
Answer» D. 6500

Discussion

155.	The present value of a bill due at the end of 2 years is Rs.1250. If the bill were due at the end of 2 years and 11 months, its present worth would be Rs.1200. Find the rate of interest and the sum.
A.	rs.1175
B.	rs.1375
C.	rs.1475
D.	rs.1575
Answer» C. rs.1475

Discussion

156.	What is the true discount on a bill of Rs.2916 due in 3 years hence at 8% C.I.?
A.	rs.600
B.	rs.601
C.	rs.602
D.	rs.603
Answer» D. rs.603

Discussion

157.	The interest on Rs.750 for 2yrs is the same as the True Discount on Rs.960 due 2yrs hence . If the rate of interest is same in both cases,it is:
A.	12%
B.	14%
C.	15%
D.	16
Answer» C. 15%

Discussion

158.	Which is a better offer out of (i) a cash payment now of Rs.8100 or (ii) a credit of Rs.8250 after 6 months(6.5% S.I)
A.	(i)
B.	(ii)
C.	both (i) and (ii)
D.	none
Answer» B. (ii)

Discussion

159.	The Simple Interest & True Discount on a certain sum of money for a given time & at a given rate are Rs 85 & Rs.80.The sum is:
A.	Rs.1350
B.	Rs.1360
C.	Rs.1316
D.	Rs.1200
Answer» C. Rs.1316

Discussion

160.	A has to pay Rs.220 to B after 1yr. B asks A to pay Rs.110 in cash and defer the payment of Rs.110 for 2 yrs. A agrees to it. If the rate of interest be 10% per annum in this mode of payment:
A.	A gains Rs.11
B.	There is No gain or loss
C.	A losses 7.43
D.	A gains Rs. 7.34
Answer» E.

Discussion

161.	In what time a debt of Rs.7920 due may be cleared by immediate cash down payment of Rs.3600 at 1/2% per month
A.	10years
B.	20years
C.	30years
D.	40years
Answer» C. 30years

Discussion

162.	The true-discount on Rs.2480 due after a certain period at 5% is Rs.80. Find the due period.
A.	6months
B.	5months
C.	8months
D.	3months
Answer» D. 3months

Discussion

163.	A man buys a watch for Rs1950 in cash and sells it for Rs 2200 at a credit of 1 yr. The rate of interest is 10% per annum. Then he gains or loose how much amount?
A.	50
B.	55
C.	15
D.	45
Answer» B. 55

Discussion

164.	The true discount on Rs.2562 due 4 months hence is Rs.122.The rate % is?
A.	12%
B.	13 (1/3)%
C.	15%
D.	14%
Answer» B. 13 (1/3)%

Discussion

165.	The TrueDiscount on a certain sum of money due 3 years hence is Rs.250 and SimpeInterest on the same sum for same time and same rate is Rs375. Find sum and rate%?
A.	(16 + 4/3)%
B.	(16 +1/3)%
C.	(16 + 5/3)%
D.	(16 + 2/3)%
Answer» E.

Discussion

166.	The true discount on a certain sum of money due 3 year hence is Rs.100 and the S.I. on the same sum for the same time and at the same rate is Rs.120. Find the sum and the rate percent.
A.	(6 + 2/3)%
B.	(5+ 2/3)%
C.	(2+ 2/3)%
D.	(4+ 2/3)%
Answer» B. (5+ 2/3)%

Discussion

167.	If a cellphone is purchased for Rs.490 and sold for Rs.465.50 find the loss percentage?
A.	10
B.	5
C.	20
D.	15
Answer» C. 20

Discussion

168.	The true discount on Rs.1600 due to after a certain of 5% per annum is Rs.160. The time after which it is due is
A.	27months
B.	23months
C.	20months
D.	12months
Answer» B. 23months

Discussion

169.	Find the present worth of a bill of Rs.28000 due 2 years at 12% compound interest. Also find the true discount.
A.	300
B.	350
C.	250
D.	275
Answer» B. 350

Discussion

170.	A trader owes a maerchant Rs10028 due 1yr 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.9000
B.	Rs.9002
C.	Rs.9200
D.	Rs.9120
Answer» D. Rs.9120

Discussion

171.	The profit earned by selling an article for Rs 900 is double the loss incurred when the same article is sold for Rs.490. At what price should the article be sold to make 25% profit?
A.	715
B.	469
C.	400
D.	750
Answer» E.

Discussion

172.	If the truediscount on a sum due 2yrs hence at 14% per annum be Rs168. The sum due is?
A.	700
B.	760
C.	768
D.	786
Answer» D. 786

Discussion

173.	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 is 12% per annum, how much cash should the pay.?
A.	Rs. 9025.20
B.	Rs. 9200
C.	Rs. 9600
D.	Rs. 9560
Answer» C. Rs. 9600

Discussion

174.	A man boys 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 50
C.	loses Rs. 30
D.	gains Rs. 30
Answer» C. loses Rs. 30

Discussion

175.	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%

Discussion

176.	A has to pay Rs. 220 to B after 1 years . B asks A to pay Rs. 110 in cash and defer the payment of Rs. 110 for 2 years. . A agrees to it . If the rate of interest be 10% per annum , in this mode of p
A.	There is no gain or loss to any one
B.	A gains Rs. 7.34
C.	A loses Rs. 7.34
D.	A gains Rs. 11
Answer» C. A loses Rs. 7.34

Discussion

177.	Rs. 20 is the rue 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

Explore topic-wise MCQs in General Aptitude.

A bill falls due in 1 year.The creditor agrees to accept immediate payment of the half and to defer the payment of the other half for 2 years.By this arrangement ins Rs.40.what is the amount of the bi

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

If Rs.20 is the True Discount on Rs260due after a certain time.What wil be true discount on the same sum due after half of the former time, the rate of interest being the same?

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?

The present value of a bill due at the end of 2 years is Rs.1250. If the bill were due at the end of 2 years and 11 months, its present worth would be Rs.1200. Find the rate of interest and the sum.

What is the true discount on a bill of Rs.2916 due in 3 years hence at 8% C.I.?

The interest on Rs.750 for 2yrs is the same as the True Discount on Rs.960 due 2yrs hence . If the rate of interest is same in both cases,it is:

Which is a better offer out of (i) a cash payment now of Rs.8100 or (ii) a credit of Rs.8250 after 6 months(6.5% S.I)

The Simple Interest & True Discount on a certain sum of money for a given time & at a given rate are Rs 85 & Rs.80.The sum is:

A has to pay Rs.220 to B after 1yr. B asks A to pay Rs.110 in cash and defer the payment of Rs.110 for 2 yrs. A agrees to it. If the rate of interest be 10% per annum in this mode of payment:

In what time a debt of Rs.7920 due may be cleared by immediate cash down payment of Rs.3600 at 1/2% per month

The true-discount on Rs.2480 due after a certain period at 5% is Rs.80. Find the due period.

A man buys a watch for Rs1950 in cash and sells it for Rs 2200 at a credit of 1 yr. The rate of interest is 10% per annum. Then he gains or loose how much amount?

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

The TrueDiscount on a certain sum of money due 3 years hence is Rs.250 and SimpeInterest on the same sum for same time and same rate is Rs375. Find sum and rate%?

The true discount on a certain sum of money due 3 year hence is Rs.100 and the S.I. on the same sum for the same time and at the same rate is Rs.120. Find the sum and the rate percent.

If a cellphone is purchased for Rs.490 and sold for Rs.465.50 find the loss percentage?

The true discount on Rs.1600 due to after a certain of 5% per annum is Rs.160. The time after which it is due is

Find the present worth of a bill of Rs.28000 due 2 years at 12% compound interest. Also find the true discount.

A trader owes a maerchant Rs10028 due 1yr 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 profit earned by selling an article for Rs 900 is double the loss incurred when the same article is sold for Rs.490. At what price should the article be sold to make 25% profit?

If the truediscount on a sum due 2yrs hence at 14% per annum be Rs168. The sum due is?

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 is 12% per annum, how much cash should the pay.?

A man boys 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 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 has to pay Rs. 220 to B after 1 years . B asks A to pay Rs. 110 in cash and defer the payment of Rs. 110 for 2 years. . A agrees to it . If the rate of interest be 10% per annum , in this mode of p

Rs. 20 is the rue 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 ?