Simple Discount Exercises

A promissory note of R$ 18,000.00 was discounted externally to

6% annual rate, 90 days before its due date. The discount suffered
through it, in R$, considering simple capitalization, was:
a) 266.00
b) 280.00
c) 258.00
d) 290.00
e) 270.00
2) The simple rational discount of a bond worth R$ 8,000.00
presented 3 months before its maturity, with a rate of 2% per month
discount rate is, in R$:
a) 480.00
b) 452.83
c) 464.24
d) 470.80
e) 456.68
3) The nominal value of a bill discounted internally, in a regime of
simple capitalization, at a rate of 8% per year, 1 month and 15 days before its
maturity, and which presented the discount of R$ 40.00 is equal to:
a) 4,000.00
b) 4,100.00
c) 4,040.00
d) 4,200.00
e) 4,250.00
A letter of R$ 31,875.00, discounted internally, under the regime of
simple capitalization, at a rate of 5% per year has undergone a discount of R$
1,875.00. The advance period was:
125 days
b) 1 and a half years
c) 1 year
d) 1 year and 3 months
e) 420 days
5) The current value of a bond, in R$, at the nominal value of R$ 5,000.00,
redeemable in 3 months, with a commercial discount rate of 18% per year
it's simple, it's from:

a) 4,775.00
b) 4,784.00
c) 4,100.00
d) 4,120.00
e) 4,874.00
The quotient between the commercial and rational discounts is 1.06. The term
of anticipation, if the interest rate is 24% per year and if the regime is
simple capitalization will be:
a) 50 days
b) 1 month
c) 2 months
d) 3 months
e) 4 months
7) The simple commercial discount of a bill discounted for 4 months
before maturity, at 5% per annum, knowing that its discount
simple interest is R$ 120.00, is equal to:
a) R$ 144.00
b) R$ 134.00
c) R$ 122.00
d) R$ 130.00
e) R$ 126.00
The nominal value, in R$, of a note traded at 8% per year,
discounted 3 months before its maturity, with the difference between the
simple discount outside and simple discount inside equals R$ 40.00 is:
a) 104,000.00
b) 103,000.00
c) 100,000.00
d) 101,000.00
e) 102,000.00
9) The nominal value of a bond, knowing that the difference between its
simple commercial discounts and simple rational discounts, made at a rate of 6%
a.a., in 3 months, is R$ 27.00, is equal to, in R$:
a) 121,800.00
b) 122,400.00
c) 120,380.00
d) 123,680.00
e) 124,360.00
10)(AFP/90) A financial institution wishes to operate with a rate
effective simple interest of 120% per year for two-month operations.
the commercial discount rate (banking) that should be charged is:
75% per annum.

b) 80% a.a.
c) 100% a.a.
d) 120% per annum.
e) 150% per annum
11)(AFP-91) A company discounted invoices at a bank.
value of $250,000.00, whose due dates will occur in 5 months,
a discount rate of 15% per month. What is the credited amount by the
bank to the company?
a) $ 62.500,00
b) $ 74.575,00
c) $ 124.291,54
d) $ 175.435,00
e) $ 187.500,00
12)(TRT-Campinas) A promissory note, with a nominal value of R$
180,000.00 was deducted 6 months before its maturity. What is the
commercial discount suffered, if the annual simple discount rate was
14.4%, in R$?
a) 10,580.00
b) 12,960.00
c) 13,460.00
d) 13,960.00
e) 15,580.00
13)(TRT-Campinas) The commercial discount that affected a letter of R$
15,000.00, 300 days before maturity, at a rate of 9% per year, was:
R$ 1,125.00
b) R$ 1,000.00
c) R$ 1,350.00
d) R$ 1,250.00
e) R$ 250.00
14)(BB) A title of R$ 8,000.00 underwent a rational discount of R$
2,000.00, 8 months before its due date. What is the annual rate?
employee?
a) 28%
b) 37.5%
c) 45%
d) 50%
e) 52.5%
15)(BB) What is the current value of a promissory note that is subject to a discount for
within R$ 500.00, 50 days before its due date at a rate of 3% per month?
a) R$ 9.500,00
b) R$ 10.000,00
c) R$ 10,500.00
d) R$ 9,550.00
e) R$ 10,050.00
16)(BB) A nominal value title of 12,000.00 is discounted at the rate
6% per annum, 120 days before maturity. What is the amount of the discount?
a) R$ 240.00
b) R$ 260.00
c) R$ 300.00
R$ 853.00
e) R$ 864.00
17) (BB) What is the nominal value of a Promissory Note, due in 30
of May, which, deducted externally on April 3 of the same year, to
6% per month rate produced a discount of R$ 1,881.00?
a) R$ 15,600.00
b) R $17,750.00
c) R$ 18,900.00
d) $ 16.500,00
e) R$ 18,550.00
18) (TRE-SP/90) A title, with a nominal value of R$ 80,000.00, was paid
with 3 months in advance, suffering a simple commercial discount
of R$ 1,500.00. The annual discount rate was:
a) 7.75%
b) 7.5%
c) 7.25%
d) 6.5%
e) 6.25%
19)(TRE-SP/90) The commercial discount on a title was R$ 150.00,
adopting a simple interest rate of 30% per year. How much time
it would be missing until the expiration of the title, if the nominal value of the said title
would it be R$ 4,000.00?
a) 45 days
b) 40 days
c) 35 days
d) 30 days
e) 25 days
20) (TRE-Campinas) A certain person discounted a title, with a nominal value
of R$ 40,000.00, 4 months before its maturity. If he received the
amount of R$ 37,600.00, the monthly rate of simple commercial discount
suffered from:
a) 1%
b) 1.2%
c) 1.5%
d) 1.75%
e) 1.8%
21)(BB) A letter received a simple discount "inside" (or rational) 6
months before maturity. The nominal value and the net value are
inversely proportional to 50 and 53, respectively. The annual rate was

14%
b) 12%
c) 10%
d) 13%
e) 11%
22)(BANESPA/85) What is the rational discount (Drthat is obtained when
to discount a Promissory Note 3 months before its due date
with a nominal value of R$ 1,150,000.00, with a term of 5 months, if the
the current interest rate was 3% per month?
Note: disregard the cents.
a) R$ 15,000.00
b) R$ 250,000.00
c) R$ 850,000.00
d) R$ 94,954.00
R$ 300,000.00
23)(BANESPA/85) Regarding the previous problem, what is the current value?
a) R$ 100,000.00
b) R$ 150,000.00
c) R$ 1.055.046,00
d) R$ 1.500.000,00
e) R$ 1,650,000.00
The difference between the discounts 'outside' (or commercial) and 'inside'
the (or rational) value of a title is R$ 10.00. The term is 5 months and
the rate is 2/3% per month. The nominal value of the title is:
a) R$ 9,100.00
b) R$ 9,200.00
c) R$ 9,300.00
d) R$ 9,150.00
e) R$ 9,500.00
Calculate the redemption value of a bond that would pay $
3,654.00
a) $ 365.400,00
b) $ 360.000,00
c) $243,600.00
d) $ 300.000,00
e) $253,400.00
26) A title maturing in 90 days, worth R$ 10,000.00, was
discounted for R$ 9,375.00 (current simple commercial value). The rate
the effective discount was:
a) 25.00% per annum
b) 22.39% per annum
c) 26.00% per annum
d) 26.67% per year
e) 25.48% per annum
A supplier offers three months of payment terms on its sales.
customers who choose to pay in full will receive a 10% discount
about the nominal value. Considering simple capitalization, the rate of
the effective annual interest being charged is:
a) 44.44%
b) 45.26%
40.00%
d) 42.89%
e) 46.26%
28) If a banking institution wishes to earn 36% per year, the rates
annual simple commercial discounts that should be applied for
operations with terms of 1 month, 3 months, and 6 months are
respectively, in %:
a) 36,18; 39,87 e 30,51
b) 36,18; 30,51 e 39,87
c) 33,03; 34,95 e 30,51
d) 33,03; 30,51 e 34,95
e) 34,95; 33,03 e 30,51
29) A financial institution wishes to obtain an effective interest rate of 40% per year.
in a 3-month operation. Under these conditions, the company must
charge the annual interest rate of simple commercial discount of:
a) 40.00%
b) 36.36%
c) 38.42%
d) 37.56%
e) 39.00%
30) The difference between simple commercial discount and the discount
simple interest is R$ 36.00. Knowing that the advance period is
of 3 months and that the interest rate considered is 40% per year, the value
the nominal amount of the commitment, in R$, is equal to:
a) 3,600
b) 3,000
c) 4.100
3.960
e) 5,000
31) The amount I have to pay for a bond with a nominal value of R$ 15,000
maturing in 150 days, considering rational discount rate
simple equal to 36% per year, is, in R$:
a) 14.563
b) 11.029
c) twelve point six two three
d) 13.043
10.520
The face value of a promissory note due on 15/11/75 is
R$ 2,700.00. If the money earns 36% per year and the promissory note is paid off
on 08/19/75, the simple internal discount obtained and the current value will be,
respectively in R$:
a) 237 and 2.462
b) 250 and 2,450
c) 300 and 2,400
d) 243 and 2,457
218 and 2.481
33) A security with a nominal value of R$ 1,300.00 was redeemed before its
maturity, being, for this reason, rewarded with a discount
simple interest of R$ 238.78. Considering the rate of 27% per year, the
the notice was:
a) 8 months
b) 9 months
c) 10 months
d) 11 months
e) 1 year
A title whose redemption was made 145 days before maturity was
negotiated at an interest rate of 23% per year. The nominal value of the bond, once the
the current simple rational value was R$ 1,921.95, it is:
a) 1.958
b) 2.100
c) 2,000
d) 2.250
e) 2.150
A promissory note was discounted 4 months before its
maturity at a rate of 26% per annum. Knowing that its current value
the simple commercial was R$ 18,266.67, its value, in R$, nominal would be

a) 19,849.78
b) 20,000.00
c) 19,000.00
d) 21,467.98
e) 20,478.39
The difference between simple commercial discounts and simple rational discounts.
a note payable in 150 days, at 2% per month, is equal to R$ 12.00. The
the respective discounted values (= current values) are:
a) 1,188.00 and 1,200.00
b) 1.200,00 e 1.320,00
c) 1,200.00 and 1,188.00
d) 1.320,00 e 1.452,00
e) 1.452,00 e 1.320,00
37) A letter that underwent simple rational discount and was settled 3
months before its maturity, at 9% per annum, for R$ 1,250.00, had,
in R$, nominal value equal to:
a) 1,280.77
b) 1,260.00
c) 1,258.77
d) 1,278.13
e) 1,268.77
On March 13th, a discount of 5% per year was applied.
duplicate due on May 12 of the same year. Knowing that the
the outside discount was R$ 1,050.00, its nominal value was,
in R$:
a) 126,000.00
b) 125,991.32
c) 124,358.96
d) 126,000.89
e) 123,569.90
Presented a simple commercial discount, invoice of R$
14,000.00 at the rate of 2/3% per annum, having suffered a discount of R$ 70.00.
The anticipation was of:
a) 8 months
b) 9 months
c) 3 months
d) 6 months
e) 7 months
The nominal value of a promissory note that is discounted outside of 1
a month and 10 days before its maturity, under a capitalization regime
simple, at a rate of 3% per year, produced discounted value (= present value)
equal R$ 5,980.00, it is, in R$:
a) 5,990.00
b) 6,100.00
c) 6,059.97
d) 6,112.48
e) 6,000.00
41) A letter was discounted at a rate of 3% per annum, 1 month and 20 days before.
of its maturity, having been produced the net value (= current value)
of R$ 47,800.00. The simple external discount was, in R$:
a) 199.00
b) 210.00
c) 200.00
d) 189.00
e) 209.00
A person borrows R$ 6,000.00 at an interest rate of 15% per year, to
payment in 3 years. If you pay the debt 27 months later, being of
12% per annum simple rational discount rate, the amount to be paid will be,
R$:
a) 8.025,00
b) 7,620.00
c) 7,834.98
d) 7,981.65
8,138.95
43) If the current value is equal to 2/3 of the nominal value and the term of
application for 2 years, the annual interest rate considered will be,
%:
a) 33.33
b) 25.00
20.83
d) 32.00
e) 28.67
Using the rational discount, the amount I must pay
for a bond maturing in 6 months, if its face value
For $29,500.00 and your desire to earn 36% per year, it is:
a) $24,000.00
b) $25,000.00
c) $27,500.00
d) $18,800.00
e) $24,190.00
Answer key:
E
C
26D
– 38A – 39B – 40E – 41C – 42D – 43B – 44B