Quantitative Apitude-True Discount
Quantitative Apitude-True Discount
1. The present worth of Rs. 2310 due 5/2 years hence, the rate of interest being 15% per annum, is:
- Rs. 1750
- Rs. 1680
- Rs. 1840
- Rs. 1443
2. If the true discount on a sum due 2 years hence at 14% per annum be Rs. 168, the sum due is :
- Rs. 768
- Rs. 968
- Rs. 1960
- Rs. 2400
3. The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate per cent is
- 12%
- 40/3%
- 15%
- 14%
4. The true discount Rs. 1760 due after a certain time at 12% per annum is Rs. 160. The time after which it is due is :
- 6 months
- 8 months
- 9 months
- 10 months
5. The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. the amount of the bill is :
- Rs. 1386
- Rs. 1764
- Rs. 1575
- Rs. 2268
6. The interrest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 due 2 years hence. If the rate of interest is the same in both cases, it is :
- 12%
- 14%
- 15%
- 50/3%
7. 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 :
- Rs. 1800
- Rs. 1450
- Rs. 1360
- Rs.6800
8. 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 :
- Rs. 20
- Rs. 21.81
- Rs. 22
- Rs. 18.33
9. A man wants to sell his scooter. There are two offers, one at Rs. 12000 cash and the other at a credit of Rs. 12880 to be paid after 8 months, money being at 18% per annum. Which is the better offer ?
- Rs. 12000 in Cash
- Rs 12880 at credit
- Both are equaly good
10. The present worth of Rs. 1404 due in two equql yearly instalments at 8% per annum simple interest is :
- Rs. 1325
- Rs. 1300
- Rs. 1350
- Rs. 1500