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State whether the following statement is True or False: A person can get both, trade discount and cash discount - Mathematics and Statistics

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प्रश्न

State whether the following statement is True or False: 

A person can get both, trade discount and cash discount

विकल्प

  • True

  • False

MCQ
सत्य या असत्य

उत्तर

True

shaalaa.com
Discount
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2.1: Commission, Brokerage and Discount - Q.3

संबंधित प्रश्न

Swatantra Distributors allows 15% discount on the list price of washing machine. Further 5% discount is given for cash payment. Find the list price of the washing machine if it was sold for the net amount of ₹ 38,356.25.


What is the present worth of a sum of ₹ 10,920 due six months hence at 8% p.a. simple interest?


The true discount on a sum is `3/8` of the sum due at 12% p.a. Find the period of the bill.


True discount on a bill is ₹ 2,200 and bankers discount is ₹ 2,310. If the bill is due 10 months, hence, find the rate of interest.


A bill of ₹ 8,000 drawn on 5th January 1998 for 8 months was discounted for ₹ 7,680 on a certain date. Find the date on which it was discounted at 10% p.a.


The difference between face value and present worth is called ______.


Fill in the Blank.

An _______ is an agent who sells the goods by auction.


Trade discount is allowed on the _______ price.


The difference between the banker’s discount and the true discount is called _______.


The date by which the buyer is legally allowed to pay the amount is known as _______.


_______ = List price (catalogue Price) – Trade Discount.


An article is marked at ₹ 800, a trader allows a discount of 2.5% and gains 20% on the cost. Find the cost price of the article.


A merchant buys some mixers at 15% discount on catalogue price. The catalogue price is ₹ 5,500 per piece of a mixer. The freight charges amount to `2 1/2` % on the catalogue price. The merchant sells each mixer at 5% discount on catalogue price. His net profit is ₹ 41,250. Find a number of mixers.


A bill is drawn for ₹ 7,000 on 3rd May for 3 months and is discounted on 25th May at 5.5%. Find the present worth. 


A bill was drawn on 14th April 2005 for ₹ 3,500 and was discounted on 6th July 2005 at 5% per annum. The banker paid ₹ 3,465 for the bill. Find the period of the bill. 


A manufacturer makes clear profit of 30% on cost after allowing 35% discount. If the cost of production rises by 20%, by what percentage should he reduce the rate of discount so as to make the same rate of profit keeping his list prices unaltered.


A bill of ₹ 65,700 drawn on July 10 for 6 months was discounted for ₹ 65,160 at 5% p.a. on what day was the bill discounted?


A bill of ₹ 51,000 was drawn on 18th February 2010 for 9 months. It was encashed on 28th June 2010 at 5% p.a. Calculate the banker’s gain and true discount


A wholesaler allows a 25% trade discount and a 5% cash discount. The net price of an article marked at ₹ 1,600 is ______.


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