# 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 - If the true discount on sum due 3 years hence at 10% per annum be Rs. 180, the sum due is

### Answer : A

### Explanation

Present worth=( 100*TD)/R*T=( 100 *180 )/10*3=Rs.600.

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 sum due sometime hence is Rs. 1024 and the banker's gain is Rs.64. The true discount is:

### Answer : A

### Explanation

T.D. = √(P.W.x B.G.) =√(1024x64.) =Rs. 256

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 - Find a single discount which is equivalent to three successive discounts of 15%, 16% & 20%.

### Answer : C

### Explanation

Successive discount is calculated as X+Y-XY/100 % Successive discount =15+16-15*16/100=31- 240/100=28.6 % Successive discount =28.6+20-28.6*20/100=48.6-5.72=42.88%

Q 6 - The genuine rebate on Rs 5125 due 6 months subsequently is Rs 125. The rate of interest per annum is:

### Answer : A

### Explanation

P.W. = Rs (5125-125) = Rs 5000 S.I. on Rs 5000 for 1/2 year is Rs 125 ∴ R = (100*125)/(5000*1/2)% p.a. = 5% p.a.

Q 7 - The genuine rebate on Rs 2580 due after some time at 6% p.a. is Rs 180. After what amount of time is the aggregate due?

### Answer : C

### Explanation

P.W. = Rs (2580-180) = Rs. 2400 S.I. on Rs 2400 at 6% p.a. is Rs. 180 ∴ Time = ((100*180))/((2400*6)) years =5/4 years = 1 year 3 months.

Q 8 - A man acquired a look for Rs 1950 in real money and sold it for Rs 2160 at a credit of 1 year. On the off chance that the rate of hobby is 8% p.a., then the man has:

### Answer : B

### Explanation

C.P. = Rs. 1950 S.P. = P.W. of Rs. 2160 due 1 year hence = Rs ((100*2160))/(100+(8*1)) = Rs 2000 in cash. ∴ Gain = Rs (2000-1950) = Rs 50

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 businessperson needs to pay to a wholesaler a total of Rs 10028 following 1 year. He needs to pay the obligation following 3 months. On the off chance that the rate of hobby is 12% p.a., the amount he will need to pay?

### Answer : A

### Explanation

Payment to be made = P.W. of Rs. 10028 due 9 months hence = Rs ((100*10028))/(100+(12*3/4) )= Rs ((100*10028))/109= Rs 9200