### Percentage Discount In Mathematics Online Test Quiz

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Discount is the reduction or an allowance made from the amount of a bill in lieu of its immediate cash payment. The reduction made in consideration of making immediate payment is called a discount or true discount. The Immediate cash payment is called a present worth or present value.

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### Questions & Options

#### ** 1. Find 10% the present worth and true discount on 6000due 2 years at per annum S.I. **

#### ** 2. Find the present worth of 264 due in 2 years hence at 5%per annum. **

#### ** 3. Find the true discount on a bill for 1270 due 7 months hence at 10% per annum. **

#### ** 4. What is the sum due to 15 months hence whose present worth at 4% is 1000? **

#### ** 5. What is the rate of interest when the present worth of 1245 due 15 months hence is 1200? **

#### ** 6. The sum due to 219 days hence whose present worth at 11/2% of 400 is .... **

#### ** 7. What is the rate of interest when the present worth of 8175 due in 5 months 8000? **

#### ** 8. What is the rate of interest when the present worth of 108.15 due in 146 days is 105? **

#### ** 9. The interest in a certain sum of money is 67.20 and the discount on the same sum of money for the same time and at the same rate is 60. What is the sum? **

#### ** 10. The true discount on a certain sum at a certain rate for 4 years is 100 on the same sum at the same rate and time, interest is 120. Find the sum. **

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