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Home Aptitude True Discount See What Others Are Saying!
  • Question
  • Aarti has to pay ? 440 to Babita after 1 yr. Babita asks Aarti to pay ? 220 in cash and defer the payment of ? 220 for 2 yr. Aarti agrees to it. If the rate of interest be 10 % per annum, find Aarti's gain or loss?


  • Options
  • A. Aarti gains ? 3.33
  • B. Aarti gains ? 8
  • C. Aarti losses ? 9
  • D. Aarti losses ? 3.33

  • Correct Answer
  • Aarti losses ? 3.33 

    Explanation

    Money to be paid by Aarti
    = PW of ? 440 due 1 yr hence
    = {440 x 100}/{100 + (10 x 1)} = {440 x 100}/110
    = 4 x 100 = ? 400

    Aarti actually pays ? 220 + PW of ? 220 due yr hence
    i.e. 220 + {(220 x 100) / (100 + 10 x 2)}
    = 220 + (220 x 100)/120
    = [220 + 183.33]
    = ? 403.33
    ? Loss of Aarti = 403.33 - 400
    = ? 3.33


  • More questions

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    • Options
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    • D. 166
    • Discuss
    • 2. 
      .02 =(......?.....)%

    • Options
    • A. 20
    • B. 2
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    • 3. 
      If 36 men can do a piece of work in 25 hours, in how many hours will 15 men do it?

    • Options
    • A. 45
    • B. 55
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    • 4. 
      2?63 / 11 =233

    • Options
    • A. 4
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    • 5. 
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    • Options
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    • 6. 
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    • Options
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    • Options
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    • 9. 
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    • Options
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    • Discuss
    • 10. 
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    • Options
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