Discount MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Discount, a fundamental topic in the field of Aptitude. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Discount MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Discount mcq questions that explore various aspects of Discount problems. Each MCQ is crafted to challenge your understanding of Discount principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Aptitude tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Discount MCQs are your pathway to success in mastering this essential Aptitude topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Discount. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Discount knowledge to the test? Let's get started with our carefully curated MCQs!

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Q11.
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

Discuss
Answer: (b).Rs. 10.40
Q12.
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(2/3)

Discuss
Answer: (b).14%
Q13.
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

Discuss
Answer: (c).Rs. 1360
Q14.
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

Discuss
Answer: (a).Rs. 1325
Q15.
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

Discuss
Answer: (a).Rs. 768
Q16.
The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:

a.

Rs. 400

b.

Rs. 360

c.

Rs. 480

d.

Rs. 320

Discuss
Answer: (a).Rs. 400
Q17.
The banker's discount on Rs. 1600 at 15% per annum is the same as true discount on Rs. 1680 for the same time and at the same rate. The time is:

a.

3 months

b.

4 months

c.

6 months

d.

8 months

Discuss
Answer: (b).4 months
Q18.
The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:

a.

Rs. 480

b.

Rs. 520

c.

Rs. 600

d.

Rs. 960

Discuss
Answer: (c).Rs. 600
Q19.
The banker's discount on a sum of money for 1(1/2) years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:

a.

10%

b.

13%

c.

12%

d.

15%

Discuss
Answer: (c).12%
Q20.
The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is:

a.

Rs. 960

b.

Rs. 840

c.

Rs. 1020

d.

Rs. 760

Discuss
Answer: (c).Rs. 1020
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