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
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
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 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%
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%
Many sellers allow, in general a discount of _____ % of the quoted price of an article to those pay cash on delivery.
5%
25%
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
