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Home Aptitude True Discount Comments

  • Question
  • 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?


  • Options
  • A. Rs. 12,000 in cash
  • B. s. 12,880 at credit
  • C. Both are equally good

  • Correct Answer
  • Rs. 12,000 in cash 

    Explanation
    P.W. of Rs. 12,880 due 8 months hence
    = Rs. [ 12880 x 100 ]
    100 + 18 x 8
    12
    = Rs. 12880 x 100
    112
    = Rs. 11500.

  • True Discount problems


    Search Results


    • 1. The present worth of Rs. 2310 due 2½ years hence, the rate of interest being 15% per annum, is:

    • Options
    • A. Rs. 1750
    • B. Rs. 1680
    • C. Rs. 1840
    • D. Rs. 1443.75
    • Discuss
    • 2. 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:

    • Options
    • A. Rs. 1800
    • B. Rs. 1450
    • C. Rs. 1360
    • D. Rs. 6800
    • Discuss
    • 3. 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:

    • Options
    • A.
      16 2 %
      3
    • B.
      14 1 %
      2
    • C.
      13 1 %
      3
    • D. 15%
    • Discuss
    • 4. The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is:

    • Options
    • A. Rs. 1386
    • B. Rs. 1764
    • C. Rs. 1575
    • D. Rs. 2268
    • Discuss
    • 5. The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:

    • Options
    • A. 12%
    • B.
      13 1 %
      3
    • C. 15%
    • D. 14%
    • Discuss
    • 6. 3, 5, 11, 14, 17, 21

    • Options
    • A. 21
    • B. 17
    • C. 14
    • D. 3
    • Discuss
    • 7. 8, 27, 64, 100, 125, 216, 343

    • Options
    • A. 27
    • B. 100
    • C. 125
    • D. 343
    • Discuss
    • 8. 10, 25, 45, 54, 60, 75, 80

    • Options
    • A. 10
    • B. 45
    • C. 54
    • D. 75
    • Discuss
    • 9. 396, 462, 572, 427, 671, 264

    • Options
    • A. 396
    • B. 427
    • C. 671
    • D. 264
    • Discuss
    • 10. 6, 9, 15, 21, 24, 28, 30

    • Options
    • A. 28
    • B. 21
    • C. 24
    • D. 30
    • Discuss


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