A trader marks his goods at 20% above the cost price. If he allows a discount of 5% for cash payment, what profit per cent does he make?
12%
13%
14%
15%
A shop keeper purchases a table marked at Rs.2000 at successive discount of 10% and 15% respectively. He spent Rs 70 on transportation and sold the table for Rs 2080. Find his gain per cent ?
10%
20%
30%
40%
The list price of a watch is Rs.160. A retailer pays Rs.122.40 for it. He gets successive discount of 10 % and another rate which is illegible. What is second discount rate ?
5%
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 a single discount equivalent to the discount series 20 %, 10 %, 5 %
30.8 %
31.6%
32.4 %
33.5%
A bill of exchange for Rs.846.50 at 4 months after sight was drawn on 12 January 1992 and accepted at 3 1/2 % on 8 February 1992. Find the banker's discount and the discounted value of the bill.
635.63
745.81
808.61
838.63
Many sellers allow, in general a discount of _____ % of the quoted price of an article to those pay cash on delivery.
25%
