Which formula gives the true discount on an amount A due in T years at R% per annum?
Correct answer A. A × R × T / (100 + R × T)
Subject / 2,109 questions
Maths MCQs & Aptitude MCQs
Page 3 of Aptitude multiple-choice questions with answers. Tap an option to check yourself.
Page 3 of 106
- Numbers 104
- Percentage 103
- Age Questions 95
- Profit and Loss 82
- Ratio and Proportion 80
- Time and Work 73
- Alligation or Mixture 73
- Fraction and Decimal 72
- Compound Interest 71
- Simple Interest 69
- Area 64
- Volume and Surface Area 64
- Equations and Inequalities 64
- Time and Distance 64
- Simplification 60
- Permutation and Combination 59
- Average 59
- Basic Algebra 58
- Pipes and Cistern 57
- Partnership 56
- Square Root and Cube Root 51
- Problems on Numbers 47
- Probability 45
- Problems on Trains 44
- Odd Man Out and Series 43
- Surds and Indices 43
- Clock 39
- Races and Games 38
- Height and Distance 37
- True Discount 36
- Stocks and Shares 34
- Boats and Streams 34
- Banker's Discount 32
- Counting 32
- Logarithm 30
- Problems on H.C.F and L.C.M 30
- Calendar 30
- Road Problems 26
- Word Problems 25
- Men and Food 24
The present worth of a bill is Rs. 1,500 and the true discount is Rs. 180. What is the amount of the bill?
Correct answer A. Rs. 1,680
On a certain sum, the simple interest is Rs. 55 and the true discount is Rs. 50 for the same time and rate. What is the sum?
Correct answer C. Rs. 550
Advertisement
The true discount on a bill due 9 months hence at 12% per annum is Rs. 81. What is the amount of the bill?
Correct answer D. Rs. 981
A debt of Rs. 2,200 is due in 2 years. If the rate of simple interest is 5% per annum, what cash payment settles it today?
Correct answer C. Rs. 2,000
What is the banker’s discount on a bill of Rs. 1,800 due 4 months hence at 10% per annum?
Correct answer D. Rs. 60
Banker’s gain is defined as which difference?
Correct answer A. Banker's discount minus true discount
The banker’s discount and true discount on a sum are Rs. 66 and Rs. 60. What is the sum?
Correct answer B. Rs. 660
What annual income is obtained by investing Rs. 9,000 in 8% stock at 90?
Correct answer C. Rs. 800
Advertisement
What is the rate of return on a 10% stock bought at 125?
Correct answer A. 8%
A 9% stock yields 12%. What is its market value?
Correct answer B. Rs. 75
How much must be invested in 12% stock at 110 to obtain an annual income of Rs. 600?
Correct answer B. Rs. 5,500
A man invests Rs. 5,000 in Rs. 10 shares quoted at Rs. 12.50. If the dividend is 15%, what is his annual income?
Correct answer A. Rs. 600
What is the cost of purchasing Rs. 100 stock quoted at 95 if brokerage is 1%?
Correct answer D. Rs. 96
Rs. 100 stock is sold at 108 with brokerage of ½%. How much does the seller receive per Rs. 100 stock?
Correct answer D. Rs. 107.50
Advertisement
Rs. 100 shares paying a 6% dividend are bought at a premium of 20%. What is the rate of interest earned?
Correct answer B. 5%
A man sells Rs. 6,000 of 8% stock at 95 and invests the proceeds in 10% stock at 114. What is the change in his annual income?
Correct answer C. Increase of Rs. 20
Which is the better investment: 8% stock at 96 or 10% stock at 125?
Correct answer B. 8% stock at 96
On which value is the dividend on a share or stock calculated?
Correct answer B. Face value
A stock is said to be ‘at par’ when which condition holds?
Correct answer C. Its market value equals its face value