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Home Aptitude True Discount Comments

  • Question
  • 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

  • Correct Answer
  • Rs.9200 

    Explanation

    Required Money = P.W of Rs. 10028 due 9 months hence  

    = Rs.[10028 x 100] / [100+(12 x 9/12)] =Rs.9200


  • True Discount problems


    Search Results


    • 1. 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
    • 2. 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
    • 3. 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
    • Discuss
    • 4. 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
    • 5. 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
    • 6. 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
    • 7. 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
    • 8. The true discount on Rs.1600 due to after a certain of 5% per annum is Rs.160. The time after which it is due is

    • Options
    • A. 27months
    • B. 23months
    • C. 20months
    • D. 12months
    • Discuss
    • 9. If each edge of a cube is increased by 50%, find the percentage increase in Its surface area

    • Options
    • A. 125%
    • B. 150%
    • C. 175%
    • D. 110%
    • Discuss
    • 10. How many cubes of 3cm edge can be cut out of a cube of 18cm edge

    • Options
    • A. 36
    • B. 232
    • C. 216
    • D. 484
    • Discuss


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