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1 . A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a gain of:
 A. 0% B. 5% C. 7.5% D. 10%

2 . The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:
 A. 12% B. 13% C. 15% D. 14%

3 . A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest 12% per annum, how much cash should he pay?
 A. Rs. 9025.20 B. Rs. 9200 C. Rs. 9600 D. Rs. 9560

4 . A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other a credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer?
 A. Rs. 12,000 in cash B. Rs. 12,880 at credit C. Both are equally good D. None of these

5 . The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is:
 A. Rs. 1386 B. Rs. 1764 C. Rs. 1575 D. Rs. 2268

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