The present worth of Rs. 2310 due 2 years hence, the rate of interest being 15% per annum, is:

Rs. 1750

Rs. 1680

Rs. 1840

2 / 10

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:

8 months

9 months

10 months

3 / 10

A man buys a watch for Rs. 1950 in cash and sells it for Rs. 2200 at a credit of 1 year. If the rate of interest is 10% per annum, the man:

gains Rs. 55

gains Rs. 50

loses Rs. 30

4 / 10

The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is:

Rs. 1386

Rs. 1764

Rs. 1575

5 / 10

Goods were bought for Rs. 600 and sold the same for Rs. 688.50 at a credit of 9 months and thus gaining 2% The rate of interest per annum is:

16 2/3%

14 1/2%

13 1/2%

6 / 10

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:

Rs. 21.81

Rs. 22

Rs. 18.33

7 / 10

A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other a credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer?

Rs. 12,000 in cash

Rs. 12,880 at credit

Both are equally good

8 / 10

A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest 12% per annum, how much cash should he pay?

Rs. 9025.20

Rs. 9200

Rs. 9600

9 / 10

The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:

13%

14%

15%

10 / 10

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:

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