# Aptitude - Discounts Online Quiz

Following quiz provides Multiple Choice Questions (MCQs) related to **Discounts**. You will have to read all the given answers and click over the correct answer. If you are not sure about the answer then you can check the answer using **Show Answer** button. You can use **Next Quiz** button to check new set of questions in the quiz.

Q 1 - A shopkeeper professes to sell all things at a discount of 20% ,but increases selling price of each article by 30% .His gain on each article is

### Answer : B

### Explanation

Let us assume cost price is 100.Then the marked price is 130 SP=130 * 80/100= 104. Profit % =(S.P-C.P)/(C.P) * 100=(104-100)/100 * 100 =4%

Q 2 - The true discount on Rs. 5124 due 2 months hence is Rs. 244. The rate percent is:

### Answer : D

### Explanation

Present worth = Rs. (5124 - 244) = Rs. 4880. S.I. on Rs. 4880 for 2 months is Rs. 244. R=( 100*TD)/PW*T=( 100*244)/(4880*(2/12)) =30%

Q 3 - The present worth of a certain bill due sometime hence is Rs. 1600 and the true discount is Rs. 40. The banker's discount is:

### Answer : A

### Explanation

(T.D.)^{2}= P.W. * B.G => B.G=(T.D.)^{2}/ P.W.=40^{2}/1600=1 =>B.D =T.D. + B.G. = 40+1 =41

Q 4 - The banker's gain of a certain sum due 3 years hence at 20% per annum is Rs. 48. The present worth is:

### Answer : D

### Explanation

T.D. =(B.G*100)/( R*T)=48*100/( 20*3)=Rs. 80. Present worth=( 100*TD)/R*T=( 100*80)/20*3=Rs.133.33

Q 5 - The difference between a discount of 20% on Rs. 1000 and two successive discounts of 16% and 4% on the same amount is

### Answer : B

### Explanation

First discount of 20% on 1000=Rs. 200 Second discount = (16% of 1000)+(4% of 84% of 1000) = (160) + ( 4/100 x 84/100 *1000) =Rs. 193.6 Difference=Rs. (200-193.6) =Rs.6.4.

Q 6 - The present worth of Rs 2800 due 2 years henceforth at 6% p.a. is:

### Answer : B

### Explanation

P.W. = ((100*A))/(100+(R*T))- Rs {(100*2800)/(100+(6*2))} =Rs ((100*2800)/112)=Rs 2500

Q 7 - The basic hobby and the true rebate on a sure aggregate for a given time and at a given rate are Rs 85 and Rs 80 separately. The entirety due is:

### Answer : A

### Explanation

Sum due = ((S.I.)*(T.D.))/((S.I.)-(T.D.))=Rs ((85*80))/((85-80))=((85*80))/5= Rs 1360

Q 8 - A man bought dairy animals for Rs 3000 in real money and sold it that day for Rs 3660 due 2 years consequently. In the event that the rate of hobby is 10% p.a., the man picks up:

### Answer : D

### Explanation

C.P. = Rs 3000 S.P. = P.W. of Rs 3660 due years hence = Rs ((100*3660))/(100+(10*2))=Rs ((100*3660))/120 = Rs 3050 ∴ Gain% = (50/3000*100)% = 5/3%

Q 9 - On the off chance that Rs 10 be permitted as genuine rebate on a bill of Rs 110 due toward the end of a sure time, then the markdown permitted on the same total due toward the end of twofold the time is:

### Answer : C

### Explanation

S.I. on Rs (110-10) for a fixed time = Rs. 10 S.I. on Rs. 100 for double the time Rs. = 20 T.D. on Rs 120- Rs 20 T.D. on Rs 110 = Rs (20/120*100) = Rs 55/3 = Rs. 18.33

Q 10 - A needs to pay Rs 1573 to B following 11/2 years and B needs to pay Rs 1444.50 to A following 6 months. In the event that the rate of hobby is 14% for each annum and both need to settle the record at this time, who will pay to the next and what amount?

### Answer : D

### Explanation

P.W. of loan on A = Rs ((100*1573))/(100+(14*2/3) )= Rs ((100*1573))/121= Rs 1300 P.W. of loan on B = Rs ((100*1444.50))/(100+(14*1/2) )= Rs ((144450))/103= Rs 1350 So, B will pay Rs. 50