Home > Arithmetic Aptitude > True Discount > Questions and Answers
01. | The interest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 due 2 years hence. If the rate of interest is the same in both cases, it is: | |||||||||||
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02. | Rs. 20 is the true discount on Rs. 260 due after a certain time. What will be the true discount on the same sum due after half of the former time, the rate of interest being the same? | |||||||||||
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03. | A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest 12% per annum, how much cash should he pay? | |||||||||||
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04. |
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. Approximately, which is the better offer? | |||||||||||
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05. | If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is: | |||||||||||
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06. | A man purchased a bicycle for Rs.4800 and sold it immediately at Rs.5995, allowing the buyer a credit of one and a half years. If the rate of interest is 6%, then the man gains: | |||||||||||
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07. | Gopal has to pay Rs.440 to Ajay after 1 year. Ajay asks Gopal to pay Rs.220 in cash and defer the payment of Rs.220 for 2 years. If the rate of interest is 10% per annum, in this mode of payment: | |||||||||||
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08. | The present worth of Rs 2,310 due 2 ½ years hence, the rate of interest being 15% per annum is | |||||||||||
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09. | If the true discount on a sum 2 yrs hence at 14% per annum be Rs 168, the sum due is | |||||||||||
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10. | The true discount on Rs 1,760 due after a certain time at 12% per annum is Rs 160. The time after which it is due is | |||||||||||
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