The trade discount on a bill of Rs 660 is Rs 110. The rate of interest is 4 per cent . In how much time will the bill the due?
2 years
3 years
4 years
5 years
A machine is marked at Rs 5900 and is available at a discount of 10%. The shopkeeper gives the buyer another off season discount and sells the machine at Rs4779. Find the off season discount
10%
20%
25 %
40%
If a merchant A buys goods from another merchant B, payment is often made by what is called __________________
Bills of exchange
Discount
trade discount
None of these
Find correct to the nearset paisa the true present worth of a bill for Rs 95 due in 7 months time, allowing interest at 4 1/2 % p.a .find also the true discount ?
1
1.89
2.43
3.21
A bill for Rs28050 is drawn on 22 April 1990 at 11 months and is discounted on 11 January 1991. Find the banker's gain if the rate of interest be 10%
11
21
31
41
Find how much a bill broker gives for a bill of Rs.400, drawn on June1 for 2 months, which the discount on July 6 at 5% p.a
359.25
368.21
394.41
398.41
Find a single discount equivalent to the discount series 20 %, 10 %, 5 %
30.8 %
31.6%
32.4 %
33.5%
A dealer buys an old scooter listed at Rs 2600 and gets successive discount of 5% and 10% . He spends some amount on its repairs and sells of it for rs 2750, there by gaining 10 % . Find the amount spent by the dealer on repairs.
277
377
477
577
When a retailer buys goods from a whole sale merchant, the prices in the trade catalogue issued by the the wholesaler are usually subject to a _________________
Cash discount
Trade discount
____________________ is the custom of the manufactures, wholesalers producers of goods to mark their articles at a price higher than the cost price.
Bankers discount
None of these.