True Discount – Aptitude Questions And Answers

1. 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:

2. A man wants to sell his scooter .There are two offers one at Rs12000 cash and other at a credit of Rs12880 to be paid after 8 months ,money being at 18% per annum which is
better offer?

3. The profit earned by selling an article for Rs 900 is double the loss incurred when the same article is sold for Rs.490. At what price should the article be sold to make 25% profit?

4. A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a be 10% per annum, then the man has a
gain of:

5. The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is?

6. A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a be 10% per annum, then the man has a
gain of:

7. The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:

8. 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?

9. 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?

10. 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:

11. If the true discount on a sum due 3 years hence at 14% per annum be Rs. 168, the sum due is:

12. 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:on Rs. 1760 due after a certain time at 12% per annum is Rs. 160. The time after which it is due is:

13. 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:

14. If Rs. 10 be allowed as true discount on 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:

15. 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 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?