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 General Aptitude
 True Discount
31.
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?
 A.Rs. 10
 C.Rs. 15.20
 B.Rs. 10.40
 D.Rs. 13
 Answer & Explanation
 Report
Answer : [B]
Explanation :
Explanation :
S.I. on Rs. (260  20) for a given time = Rs. 20.  
S.I. on Rs. 240 for half the time = Rs. 10.  
T.D. on Rs. 250 = Rs. 10.  


32.
The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is:
 A.Rs. 1386
 C.Rs. 1575
 B.Rs. 1764
 D.Rs. 2268
 Answer & Explanation
 Report
Answer : [B]
Explanation :
Explanation :
Let P.W. be Rs. x.  
Then, S.I. on Rs. x at 16% for 9 months = Rs. 189.  






33.
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?
 A.Rs. 12,000 in cash
 C.Both are equally good
 B.Rs. 12,880 at credit
 Answer & Explanation
 Report
Answer : [A]
Explanation :
Explanation :






Clearly, Rs. 12000 in cash is a better offer.  
34.
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 gain of:
 A.0%
 C.7.5%
 B.5%
 D.10%
 Answer & Explanation
 Report
Answer : [A]
Explanation :
Explanation :
C.P. = Rs. 3000.  


Gain = 0%.  
35.
Find the present worth of Rs. 264 due in 2 years reakoning simple interest at 5 percent per annum
 A.Rs. 240
 C.Rs. 540
 B.Rs. 360
 D.Rs. 260
 Answer & Explanation
 Report
Answer : [A]
Explanation :
Explanation :





