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Home Aptitude True Discount Comments

  • Question
  • If a cellphone is purchased for Rs.490 and sold for Rs.465.50 find the loss percentage?


  • Options
  • A. 10
  • B. 5
  • C. 20
  • D. 15

  • Correct Answer


  • Explanation

    loss = C.P - S.P = 490 - 465.50 =24.50 

    loss % = (loss x 100)/C.P = (24.50 x 100)/490 = 5%


  • True Discount problems


    Search Results


    • 1. If the true discount on sum due 2 years hence at 14% per annum be Rs. 168, the sum due is

    • Options
    • A. Rs. 600
    • B. Rs. 768
    • C. Rs. 878
    • D. Rs. 668
    • Discuss
    • 2. 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

    • Options
    • A. 10years
    • B. 20years
    • C. 30years
    • D. 40years
    • Discuss
    • 3. The true-discount on Rs.2480 due after a certain period at 5% is Rs.80. Find the due period.

    • Options
    • A. 6months
    • B. 5months
    • C. 8months
    • D. 3months
    • Discuss
    • 4. 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.

    • Options
    • A. 1500
    • B. 1600
    • C. 6200
    • D. 6000
    • Discuss
    • 5. 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

    • Options
    • A. 18.20
    • B. 18.33
    • C. 18
    • D. 18.30
    • Discuss
    • 6. If Rs.20 is the True Discount on Rs260due after a certain time.What wil be true discount on the same sum due after half of the former time, the rate of interest being the same?

    • Options
    • A. Rs.9.40
    • B. Rs.10.14
    • C. Rs.10.40
    • D. Rs.9.14
    • Discuss
    • 7. A bill falls due in 1 year.The creditor agrees to accept immediate payment of the half and to defer the payment of the other half for 2 years.By this arrangement ins Rs.40.what is the amount of the bill,if he money be worth 12.5%?

    • Options
    • A. 1200
    • B. 3000
    • C. 3600
    • D. 1300
    • Discuss
    • 8. The True discount on Rs1760 due after a certain time at 12% per annum is Rs160. The time after which it is due is?

    • Options
    • A. 15months
    • B. 5months
    • C. 12months
    • D. 10months
    • Discuss
    • 9. The interest on Rs.750 for 2yrs is the same as the True Discount on Rs.960 due 2yrs hence . If the rate of interest is same in both cases,it is:

    • Options
    • A. 12%
    • B. 14%
    • C. 15%
    • D. 16
    • Discuss
    • 10. A has to pay Rs.220 to B after 1yr. B asks A to pay Rs.110 in cash and defer the payment of Rs.110 for 2 yrs. A agrees to it. If the rate of interest be 10% per annum in this mode of payment:

    • Options
    • A. A gains Rs.11
    • B. There is No gain or loss
    • C. A losses 7.43
    • D. A gains Rs. 7.34
    • Discuss


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