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
Showing 10 of
29 questions
21. 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
22. A man buys a watch for Rs. 1950 in cash and sells it for Rs. 2200 at a credit of 1 year. If the rate of interest is 10% per annum, the man:
- gains Rs. 55
- gains Rs. 50
- loses Rs. 30
- gains Rs. 30
23. The true discount on 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
24. The present worth of Rs. 2310 due 2 years hence, the rate of interest being 15% per annum, is:
- Rs. 1750
- Rs. 1680
- Rs. 1840
- Rs. 1443.75
25. 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?
- Rs. 10
- Rs. 10.40
- Rs. 15.20
- Rs. 13
26. 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:
- 12%
- 14%
- 15%
- 50/3 %
27. 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
28. The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:
- Rs. 1325
- Rs. 1300
- Rs. 1350
- Rs. 1500
29. If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:
- Rs. 768
- Rs. 968
- Rs. 1960
- Rs. 2400