Aptitude – Problems on True Discount

November 4th, 2010 by seenu Leave a reply »
1. Find the present worth of Rs.930 due 3 years hence at 8% pera nnum.Aso find the discount?





2. The truediscount on a bill due 9 months hence at 12% per annum is Rs540.Find the amount of the bill and its presentworth ?





3. The difference between SimpeInterest and TrueDiscount on a certain sumof money for 6 months at 121/2% per annum is Rs25.find the sum. The Truediscount on Rs1760 due after a certain time at 12% per annum is Rs160The time after which it is due is: Sol: Amount=Rs.1760 Rate=12% Truediscount=Rs160 Time=x TrueDiscount=(Amount*R*T)/(100+R*T) =>x*11*12=100+12x =>x=5/6yr Time=10months





4. A bill falls due in 1 year.The creditor agrees to accept immediate payment of the half and to defer the payment of the other half for 2 years .By this arrangement he gains Rs.40.what is the amount of bill,if the money be worth 121/2%?





5. The SimpleInterest & True Discount on a certain sum of money for a given time & at a given rate are Rs85 & Rs.80.The sum is............





6. A trader owes a maerchant Rs10028 due 1yr hence The trader wants to settle the account after 3 months .If the rate of interest is 12%per annum How much cash should he pay ?





7. The truediscount on a bill due 9 months hence at 12% per annum is Rs540.Find the amount of the bill and its presentworth ?





8. The TrueDiscount on a certain sum of money due 3 years hence is Rs.250 and SimpeInterest on the same sum for same time and same rate is Rs375 find sum and rate% ?





9. The Present worth of Rs.2310 due 21/2yrs henceThe interest being 15% per annum is





10. If the truediscount on a sum due 2yrs hence at 14% per annum be Rs168.The sum due is ?







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  1. Avatar of Pravat Kumar Mallik Pravat Kumar Mallik says:
    November 9, 2010 at 8:11 am

    I liked it most thanks a lot

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