Curioustab

Home » Aptitude » True Discount

Find the present worth of Rs.930 due 3 years hence at 8% per annum.Aso find the discount?

186
180
185
189

Correct Answer: 180

Explanation:

P.W = [100 x Amount] / [100+(R x T)]

=[100 x 930] / [100+(8x3)] = Rs. 750

T.D = Amount - P.W = 930 - 750 = Rs.180

← Previous Question Next Question→

More Questions from True Discount

If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is ?
The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is?
The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is
The present worth of Rs.1404 due in two equal half-yearly instalments at 8% per annum. Simple interest is:
A man wants to sell his scooter .There are two offers one at Rs12000 cash and other at a credit of Rs12880 to be paid after 8 months ,money being at 18% per annum which is better offer?
Which is a better offer out of (i) a cash payment now of Rs.8100 or (ii) a credit of Rs.8250 after 6 months(6.5% S.I)
If Rs.10 be allowed as true discount on a bill of Rs.110 at the end of a certain time , then the discount allowed on the same sum due at the end of double the time is
The true discount on a bill due 9 months hence at 12% per annum is Rs. Find the amount of the bill and its present worth.
The true-discount on Rs.2480 due after a certain period at 5% is Rs.80. Find the due period.
In what time a debt of Rs.7920 due may be cleared by immediate cash down payment of Rs.3600 at 1/2% per month

Discussion & Comments

No comments yet. Be the first to comment!

Join Discussion