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- General Aptitude
- True Discount
1.
The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:
- A.Rs. 1325
- C.Rs. 1350
- B.Rs. 1300
- D.Rs. 1500
- Answer & Explanation
- Report
Answer : [A]
Explanation :
Explanation :
| Required sum = P.W. of Rs. 702 due 6 months + P.W. of Rs. 702 due 1 year hence | ||||||||||||||||||||||
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2.
| Find the present value of Rs. 1051.25 due a year hence at 5 |
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% - |
- A.Rs. 1200
- C.Rs. 1500
- B.Rs. 1000
- D.Rs. 1050
- Answer & Explanation
- Report
Answer : [B]
Explanation :
Explanation :
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3.
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| interest calculated? |
- A.6%
- C.8%
- B.4%
- D.12%
- Answer & Explanation
- Report
Answer : [A]
Explanation :
Explanation :
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4.
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. 240 for a given time = Rs. 20 | |||||||||
| S.I. on Rs. 240 for half of the time = Rs. 10 | |||||||||
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5.
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:
- A.6 months
- C.9 months
- B.8 months
- D.10 months
- Answer & Explanation
- Report
Answer : [D]
Explanation :
Explanation :
| P.W. = Rs. (1760 -160) = Rs. 1600. | |||||||||||||||||||||||
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