In a shower, 5 cm of rain falls. The volume of water that falls on 1.5 hectares of ground is:
Correct answer B. 750 cu. m
Topic / 16 questions
True Discount MCQs
True Discount MCQs are arithmetic problems about the difference between a sum due in the future and its present worth today, calculated using simple interest. They appear in NTS, FPSC, SSC and banking aptitude tests. Each question has an instant answer, so you can check your use of the present worth and true discount formulas.
- Numbers 104
- Percentage 103
- Ratio and Proportion 80
- Age Questions 80
- Time and Work 73
- Fraction and Decimal 72
- Equations and Inequalities 64
- Average 59
- Basic Algebra 58
- Probability 45
- Odd Man Out and Series 43
- Boats and Streams 34
- Counting 32
- Problems on Trains 30
- Logarithm 30
- Problems on H.C.F and L.C.M 30
- Calendar 30
- Road Problems 26
- Word Problems 25
- Men and Food 24
- Compound Interest 21
- Time and Distance 19
- Clock 19
- Area 19
- Volume and Surface Area 19
- Simple Interest 19
- Problems on Numbers 17
- Pipes and Cistern 17
- True Discount 16
- Problems on Ages 15
- Alligation or Mixture 15
- Simplification 15
- Permutation and Combination 14
- Stocks and Shares 14
- Train Problems 14
- Races and Games 13
- Mixture Problems 13
- Banker's Discount 12
- Profit and Loss 12
- Square Root and Cube Root 11
- Surds and Indices 8
- Height and Distance 7
- Partnership 6
If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:
Correct answer A. Rs. 768
The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:
Correct answer A. Rs. 1325
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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:
Correct answer C. Rs. 1360
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:
Correct answer B. 14%
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?
Correct answer B. Rs. 10.40
The present worth of Rs. 2310 due 2 years hence, the rate of interest being 15% per annum, is:
Correct answer B. Rs. 1680
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:
Correct answer D. 10 months
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:
Correct answer B. gains Rs. 50
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The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is:
Correct answer B. Rs. 1764
Goods were bought for Rs. 600 and sold the same for Rs. 688.50 at a credit of 9 months and thus gaining 2% The rate of interest per annum is:
Correct answer A. 16%
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:
Correct answer D. Rs. 18.33
A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other a credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer?
Correct answer A. Rs. 12,000 in cash
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 12% per annum, how much cash should he pay?
Correct answer B. Rs. 9200
The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:
Correct answer C. 15%
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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:
Correct answer A. 0%
About True Discount MCQs
True discount is the simple interest on the present worth of a debt for the time remaining until it is due. This set asks you to find the rate percent from a given discount, the amount of a bill from its true discount, and the sum due when the discount, rate and time are known. Other questions compare a cash offer with a credit offer, or find the present worth of equal instalments. A useful relationship is that the simple interest on the amount minus the true discount equals the simple interest on the true discount.
Exams that include True Discount MCQs
Pakistan
- NTS
- FPSC
- PPSC
- Banking job tests
India
- SSC CGL
- IBPS PO
- SBI PO
Bangladesh
- Bank job exams
- Government job tests
Frequently asked questions
What is true discount?
True discount is the difference between the amount due at a future date and its present worth. It equals the simple interest on the present worth for the remaining time. So present worth plus true discount equals the amount due, and present worth equals amount times 100 divided by 100 plus rate times time.
The true discount on Rs 2,562 due 4 months hence is Rs 122. What is the rate?
The present worth is 2,562 minus 122, which is Rs 2,440. True discount is the interest on this for one third of a year, so 122 equals 2,440 times R times one third divided by 100. Solving gives a rate of 15 percent per annum.
How many True Discount MCQs are on MCQs360?
MCQs360 has 16 True Discount MCQs in its Aptitude section, each with an instant answer and free to practise without sign-up. Revise simple interest first, because every true discount problem is built on it. Note each formula you use so you can revise it later.
Last reviewed October 2026