1. If the true discount on a sum due 3 years hence at 14% per annum be Rs. 168, the sum due is:
A. 698
B. 768
C. 1430
D. 1980
2.The present worth of Rs. 2310 due 2 1/2 years hence, the rate of interest being 15% per annum, is:
A. Rs.1680
B. Rs.1750
C. Rs.1840
D. Rs.1443.75
3.) 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. 18.33 B. Rs 24.19
C. Rs. 31.07 D. None of these
4.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%
5.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
6.) Sachin purchase 20 dozens of toys at the rate of 375 Rs per dozen. He sold each one of them at the rate of Rs 33. What was his percentage profit?
A. 5.6% B. 7.12%
C. 9% D. None of these
7. 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:
A. 4
B. 6
C. 8
D. 10
8.) A bill falls due in 1 year. The creditor agrees to accept immediate payment of the half and to defer the payment of the other half for 2 years. By this arrangement ins Rb. 40. What is the amount of the bill, if the money be worth 12-z% ?
A. Rs. 4600 B. Rs. 3600
C. Rs. 300 D. Rs. 13600
9.Find the present worth of Rs. 930 due 3 years hence at 8% per annum. Also find the discount?
A. Rs.500
B. Rs.625
C. Rs. 750
D. Rs. 890
10) The difference between the simple interest and true discount on a certain sum of money for 6 months at 12—% per annum is Rs. 25. Find the sum.
A. Rs. 64800 B Rs. 6800
C.Cannot be Determined D.Rs. 5420
