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%
Find a single discount equivalent to the discount series 20 %, 10 %, 5 %
30.8 %
31.6%
32.4 %
33.5%
A bill for Rs.12750 was payable 60 days after sight. It was accepted om 4 March 1990and discounted on 25 March 1990. What was the discounted value of the bill if the rate of interest was 3 1/2 % per annum ?
11000
11625.75
12698.65
13423.63
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 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
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
If a banker's gain is 1/25 of the true discount and the bill is due after 3 months. Calculate the rate of interest.
11%
13 %
16%