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? MATH / By admin A Rs. 9025.20 B Rs. 9200 C Rs. 9600 D Rs. 9560 Answer Detail No Details comments (0)
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? MATH / By admin A Rs. 12,000 in cash B Rs. 12,880 at credit C Both are equally good D Rs. 18.33 Answer Detail No Details comments (0)
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: MATH / By admin A Rs. 20 B Rs. 21.81 C Rs. 22 D Rs. 18.33 Answer Detail No Details comments (0)
The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is: MATH / By admin A Rs. 1386 B Rs. 1764 C Rs. 1575 D Rs. 2268 Answer Detail No Details comments (0)
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: MATH / By admin A gains Rs. 55 B gains Rs. 50 C loses Rs. 30 D gains Rs. 30 Answer Detail No Details comments (0)
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: MATH / By admin A 6 months B 8 months C 9 months D 10 months Answer Detail No Details comments (0)
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? MATH / By admin A Rs. 10 B Rs. 10.40 C Rs. 15.20 D Rs. 13 Answer Detail No Details comments (0)
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: MATH / By admin A12% B14% C15% D16% Answer Detail No Details comments (0)
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:_______? MATH / By admin A Rs. 1800 B Rs. 1450 C Rs. 1360 D Rs. 6800 Answer Detail No Details comments (0)
The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is: MATH / By admin A Rs. 1325 B Rs. 1300 C Rs. 1350 D Rs. 1500 Answer Detail No Details comments (0)
