A.16%
B.14%
C.13%
D.15%
Show AnswerAnswer=Option A
True Discount
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:
A.Rs. 20
B.Rs. 21.81
C.Rs. 22
D.Rs. 18.33
Show AnswerAnswer=Option D
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______?
A.Rs. 12,000 in cash
B.Rs. 12,880 at credit
C.Both are equally good
D.None
Show AnswerAnswer=Option A
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______?
A.Rs. 9025.20
B.Rs. 9200
C.Rs. 9600
D.Rs. 9560
Show AnswerAnswer=Option B
The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:
A.12%
B.13%
C.15%
D.14%
Show AnswerAnswer=Option C
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%
Show AnswerAnswer=Option A