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- True Discount
6.
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hence. If they want to settle the account forthwith, keeping 14% as the rate of interest, then who should pay an how much? |
- A.A, Rs. 28.50
- C.A, Rs. 50
- B.B, Rs. 37.50
- D.B, Rs. 50
- Answer & Explanation
- Report
Answer : [D]
Explanation :
Explanation :
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B owes = P.W. of Rs. 1444.50 due 6 months hence | ||||||||||||||||||||||||||
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7.
Goods were bought for Rs. 600 and sold the same for Rs. 688.50 at a credit of 9 months and thus gaining 2% The rate of interest per annum is:
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A.16
2 % 3 -
C.13
1 % 3
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B.14
1 % 2 - D.15%
- Answer & Explanation
- Report
Answer : [A]
Explanation :
Explanation :
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Now, P.W. = Rs. 612 and sum = Rs. 688.50. | |||||||||||||||||||||||
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Thus, S.I. on Rs. 612 for 9 months is Rs. 76.50 | |||||||||||||||||||||||
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8.
The difference between the simple interest and the true discount on a certain sum of money for 6 months at 6% is Rs. 27. Find the sum
- A.Rs. 30900
- C.Rs. 20900
- B.Rs. 39000
- D.Rs. 30600
- Answer & Explanation
- Report
Answer : [A]
Explanation :
Explanation :
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9.
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and at the same rate when is the latter sum due? |
- A.2 years
- C.6 years
- B.4 years
- D.3 years
- Answer & Explanation
- Report
Answer : [B]
Explanation :
Explanation :
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10.
Find the different between simple interest and true discount on Rs. 960 due 4 year hence at 5% per annum simple interest -
- A.Rs. 32
- C.Rs. 42
- B.Rs. 52
- D.None of these
- Answer & Explanation
- Report
Answer : [A]
Explanation :
Explanation :
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