Quantitative Apitude-True Discount
Quantitative Apitude-True Discount
21. 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
22. A man buys a watch for Rs. 1950 in cash and sells it for Rs. 2200 at a credit of 1 year. If the rate of interest is 10% per annum, the man:
- gains Rs. 55
- gains Rs. 50
- loses Rs. 30
- gains Rs. 30
23. 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:
- 6 months
- 8 months
- 9 months
- 10 months
24. The present worth of Rs. 2310 due 2 years hence, the rate of interest being 15% per annum, is:
- Rs. 1750
- Rs. 1680
- Rs. 1840
- Rs. 1443.75
25. 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?
- Rs. 10
- Rs. 10.40
- Rs. 15.20
- Rs. 13
26. The interest 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 %
27. 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
28. The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:
- Rs. 1325
- Rs. 1300
- Rs. 1350
- Rs. 1500
29. If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:
- Rs. 768
- Rs. 968
- Rs. 1960
- Rs. 2400