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Home Aptitude True Discount Comments

  • Question
  • If the truediscount on a sum due 2yrs hence at 14% per annum be Rs168. The sum due is?


  • Options
  • A. 700
  • B. 760
  • C. 768
  • D. 786

  • Correct Answer
  • 768 

    Explanation

    P.W = (100 x T.D)/(R x T)  = (100 x 168)/(14 x 2)= 600 

    Sum = (P.W + T.D) = Rs. (600+ 168) = Rs.768.


  • True Discount problems


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    • 1. The Present worth of Rs.2310 due 212 years hence ,the rate of interest being 15% per annum, is :

    • Options
    • A. Rs.1440
    • B. Rs.1750
    • C. Rs.1680
    • D. Rs.1840
    • Discuss
    • 2. The TrueDiscount on a certain sum of money due 3 years hence is Rs.250 and SimpeInterest on the same sum for same time and same rate is Rs375. Find sum and rate%?

    • Options
    • A. (16 + 4/3)%
    • B. (16 +1/3)%
    • C. (16 + 5/3)%
    • D. (16 + 2/3)%
    • Discuss
    • 3. The true discount on a bill due 9 months hence at 12% per annum is Rs 540. Find the amount of the bill and its present worth?

    • Options
    • A. 1600
    • B. 7000
    • C. 6000
    • D. 6500
    • Discuss
    • 4. The true discount on a certain sum of money due 3 year hence is Rs.100 and the S.I. on the same sum for the same time and at the same rate is Rs.120. Find the sum and the rate percent.

    • Options
    • A. (6 + 2/3)%
    • B. (5+ 2/3)%
    • C. (2+ 2/3)%
    • D. (4+ 2/3)%
    • Discuss
    • 5. 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
    • 6. The true discount on Rs.2562 due 4 months hence is Rs.122.The rate % is?

    • Options
    • A. 12%
    • B. 13 (1/3)%
    • C. 15%
    • D. 14%
    • Discuss
    • 7. The Simple Interest & True Discount on a certain sum of money for a given time & at a given rate are Rs 85 & Rs.80.The sum is:

    • Options
    • A. Rs.1350
    • B. Rs.1360
    • C. Rs.1316
    • D. Rs.1200
    • Discuss
    • 8. A trader owes a maerchant Rs10028 due 1yr hence The trader wants to settle the account after 3 months .If the rate of interest is 12%per annum How much cash should he pay?

    • Options
    • A. Rs.9000
    • B. Rs.9002
    • C. Rs.9200
    • D. Rs.9120
    • Discuss
    • 9. A man buys a watch for Rs1950 in cash and sells it for Rs 2200 at a credit of 1 yr. The rate of interest is 10% per annum. Then he gains or loose how much amount?

    • Options
    • A. 50
    • B. 55
    • C. 15
    • D. 45
    • Discuss
    • 10. Find the present worth of a bill of Rs.28000 due 2 years at 12% compound interest. Also find the true discount.

    • Options
    • A. 300
    • B. 350
    • C. 250
    • D. 275
    • Discuss


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