Discount Mcqs Archives | AnsweringExams.Com

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 =_______ ?

July 25, 2021February 3, 2020 by admin

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

A shopkeeper marks his goods 20% above cost price, but allows 30% discount for cash payment. His net loss is ?

July 25, 2021February 3, 2020 by admin

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%

The marked price of a watch was Rs. 720. A man bought the same for Rs. 550.80, after getting two successive discounts, the first 10%. What was the second discount rate ?

July 25, 2021February 3, 2020 by admin

The marked price of a watch was Rs. 720. A man bought the same for Rs. 550.80, after getting two successive discounts, the first 10%. What was the second discount rate ?

A. 12%
B. 14%
C. 15%
D. 18%

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 ?

July 25, 2021February 3, 2020 by admin

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

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

July 25, 2021February 3, 2020 by admin

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

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

July 25, 2021February 3, 2020 by admin

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

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:_______?

July 25, 2021February 3, 2020 by admin

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

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:

July 25, 2021February 3, 2020 by admin

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%

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?

July 25, 2021February 3, 2020 by admin

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

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:

July 25, 2021February 3, 2020 by admin

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