English

When only one discount is given, then ______ - Mathematics and Statistics

Advertisements
Advertisements

Question

When only one discount is given, then ______

Options

  • List price = Invoice price

  • Invoice price = Net selling price

  • Invoice price = Cost price

  • Cost price = Net selling price

MCQ
Fill in the Blanks

Solution

When only one discount is given then Invoice price = Net selling price.

shaalaa.com
Discount
  Is there an error in this question or solution?
Chapter 1: Commission, Brokerage and Discount - Miscellaneous Exercise 1 [Page 12]

APPEARS IN

Balbharati Mathematics and Statistics 2 (Commerce) [English] 12 Standard HSC Maharashtra State Board
Chapter 1 Commission, Brokerage and Discount
Miscellaneous Exercise 1 | Q 1.09 | Page 12

RELATED QUESTIONS

What is sum due of ₹ 8,000 due 4 months hence at 12.5% 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 was drawn on 14th April for ₹ 7,000 and was discounted on 6th July at 5% p.a. The Banker paid ₹ 6,930 for the bill. Find the period of the bill.


The sum due is also called as ______.


Banker’s gain is simple interest on ______.


The marked price is also called as _____________.


Fill in the Blank.

A person who draws the bill is called _______.


Trade discount is allowed on the _______ price.


Fill in the Blanks.

If buyer is allowed both trade and cash discounts, _______ discount is first calculated on _______ price.


A trader offers 25% discount on the catalogue price of radio and yet makes 20% profit. If he gains ₹ 160 per radio, what must be the catalogue price of the radio?


Choose the correct alternative:

If A bill of ₹ 6,395 drawn on 15th February 2015 for 10 months was discounted on 28th May 2015 at 8% p.a. interest, then legal due date is ______


Choose the correct alternative:

The date on which the period of the bill expires is called  ______


State whether the following statement is True or False: 

A person can get both, trade discount and cash discount


Find the true discount Banker’s discount and Banker’s gain on a bill of ₹ 4,240 due 6 months hence at 9% p.a.


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?


The banker’s discount is also called true discount.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×