What will be the true discount for the present worth of 600 for a pe – McqOptions

MCQOPTIONS

1.	What will be the true discount for the present worth of 600 for a period of 4 yr at 4% per annum rate of interest?
A.	100
B.	32
C.	86
D.	96
E.	None of the above
Answer» E. None of the above

Discussion

No Comment Found

Related MCQs

The present worth of Rs. 2310 due 2 years hence, the rate of interest being 15% per annum, is:
M owes N 3146 payable 11/2 yr hence. Also, N owes M, 2889 payable 6 months hence. If they want to settle the account forthwith, keeping 14% the rate of interest, who should pay and how much ?
$ 20 is the true discount on $ 260 due after a certain time. What will be the true discount on the same amount due after half of the earlier time, the rate of interest being the same.
A fan is listed at $ 1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer to bring the net price to $ 1104?
An article is marked 40 % above the cost price and a discount of 30 % is allowed. What is the gain or loss % ?
The true discount on a bill of $ 1260 is due for 6 months at 10 % per annum is:
I want to sell my scooter. There are two offers, One at cash payment of Rs. 8100 and another at a credit of Rs. 8250 to be paid after 6 months. If money being worth 61/4% per annum simple interest, which is the better offer ?
A company offers three types of successive discounts : (i) 25% and 15%, (ii) 30% and 10%, (iii) 35% and 5%. Which offer is the best for a customer?
The difference between a discount of 40% on $ 500 and two successive discounts of 36%, 4% on the same amount is :
Successive discounts of 10 %, 20 % and 30 % is equivalent to a single discount of :