Curioustab

Home » Aptitude » True Discount

Rs. 20 is the true discount on Rs. 260 due after a certain time. What will be the true discount on the same sum due after half of the former time, the rate of interest being the same?

Rs. 10
Rs. 10.40
Rs. 15.20
Rs. 13

Correct Answer: Rs. 10.40

Explanation:

S.I. on Rs. (260 - 20) for a given time = Rs. 20.

S.I. on Rs. 240 for half the time = Rs. 10.

T.D. on Rs. 250 = Rs. 10.

∴ T.D. on Rs. 260 = Rs.	❨	10	x 260	❩	= Rs. 10.40
		250

← Previous Question Next Question→

More Questions from True Discount

The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest 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:
Goods were bought for Rs. 600 and sold the same for Rs. 688.50 at a credit of 9 months and thus gaining 2% The rate of interest per annum is:
The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 85 and Rs. 80 respectively. The sum is:
The present worth of Rs. 2310 due 2½ years hence, the rate of interest being 15% per annum, is:
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?
If the interest on Rs. 50 at 4 1/ 2 be equal to the discount on Rs. 59 for the same time and at the same rate when is the latter sum due?
The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 25 and Rs. 20 respectively. The sum is?
The difference between the simple interest and the true discount on a certain sum of money foe 6 months at 6% is Rs. 27. Find the sum?

Discussion & Comments

No comments yet. Be the first to comment!

Join Discussion