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Tag: data interpretation mcqs

A man wants to sell his scooter. There are two offers: Rs. 12,000 in cash or Rs. 12,880 on credit payable after 8 months, with money at 18% per annum. Which is the better offer?

August 16, 2025August 16, 2025 Irza Afzad

A. Rs. 12,000 in cash
B. Rs. 12,880 at credit
C. Both are equally good
D. Rs. 18.33

If Rs. 10 is allowed as the true discount on a bill of Rs. 110 due at the end of a certain time, what will be the true discount on the same bill if it is due at the end of double the time?

August 16, 2025August 16, 2025 Irza Afzad

A. Rs. 20
B. Rs. 21.81
C. Rs. 22
D. Rs. 18.33

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

August 16, 2025August 16, 2025 Irza Afzad

A. Rs. 1386
B. Rs. 1764
C. Rs. 1575
D. Rs. 2268

A man buys a watch for Rs. 1950 in cash and sells it for Rs. 2200 on credit for 1 year. If the rate of interest is 10% per annum, what is his gain or loss?

August 16, 2025August 16, 2025 Irza Afzad

A. gains Rs. 55
B. gains Rs. 50
C. loses Rs. 30
D. gains Rs. 30

The true discount on Rs. 1760 due after a certain time at 12% per annum is Rs. 160. After how long is the sum due?

August 16, 2025August 16, 2025 Irza Afzad

A. 6 months
B. 8 months
C. 9 months
D. 10 months

Rs. 20 is the true discount on Rs. 260 due after a certain time. What will be the true discount on the same sum due after half of the former time, if the rate of interest remains the same?

August 16, 2025August 16, 2025 Irza Afzad

A. Rs. 10
B. Rs. 10.40
C. Rs. 15.20
D. Rs. 13

The simple interest on Rs. 750 for 2 years is equal to the true discount on Rs. 960 due 2 years hence. If the rate of interest is the same in both cases, what is the rate?

August 16, 2025August 16, 2025 Irza Afzad

A. 12%
B. 14%
C. 15%
D. 16%

The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 85 and Rs. 80 respectively. What is the sum?

August 16, 2025August 16, 2025 Irza Afzad

A. Rs. 1800
B. Rs. 1450
C. Rs. 1360
D. Rs. 6800

The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:

August 16, 2025August 16, 2025 Irza Afzad

A. Rs. 1325
B. Rs. 1300
C. Rs. 1350
D. Rs. 1500

If the true discount on a sum due 2 years hence at 14% per annum is Rs. 168, what is the sum due?

August 16, 2025August 17, 2025 Irza Afzad

A. Rs. 768
B. Rs. 968
C. Rs. 1960
D. Rs. 2400

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