True Discount Questions and Answers
Quantitative Aptitude - True Discount Questions with Answers teach calculations of discounts and price differences. True Discount Aptitude is essential for IBPS, SBI Clerk, and SSC exams to improve numerical and analytical skills.
True Discount
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29 questions
1. The present worth of Rs. 2310 due 5/2 years hence, the rate of interest being 15% per annum, is:
- Rs. 1750
- Rs. 1680
- Rs. 1840
- Rs. 1443
2. If the true discount on a sum due 2 years hence at 14% per annum be Rs. 168, the sum due is :
- Rs. 768
- Rs. 968
- Rs. 1960
- Rs. 2400
3. The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate per cent is
- 12%
- 40/3%
- 15%
- 14%
4. The true discount Rs. 1760 due after a certain time at 12% per annum is Rs. 160. The time after which it is due is :
- 6 months
- 8 months
- 9 months
- 10 months
5. The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. the amount of the bill is :
- Rs. 1386
- Rs. 1764
- Rs. 1575
- Rs. 2268
6. The interrest 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 :
- 12%
- 14%
- 15%
- 50/3%
7. 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 :
- Rs. 1800
- Rs. 1450
- Rs. 1360
- Rs.6800
8. If Rs. 10 be allowed as true discount on a bill of Rs. 110 due at the end of a certain time, then the discount allowed on the same sum due at the end of double the time is :
- Rs. 20
- Rs. 21.81
- Rs. 22
- Rs. 18.33
9. A man wants to sell his scooter. There are two offers, one at Rs. 12000 cash and the other at a credit of Rs. 12880 to be paid after 8 months, money being at 18% per annum. Which is the better offer ?
- Rs. 12000 in Cash
- Rs 12880 at credit
- Both are equaly good
10. The present worth of Rs. 1404 due in two equql yearly instalments at 8% per annum simple interest is :
- Rs. 1325
- Rs. 1300
- Rs. 1350
- Rs. 1500