True Discount Aptitude Question Papers

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TRUE DISCOUNT APTITUDE QUESTIONS AND ANSWERS



True Discount Questions and Answers

TRUE DISCOUNT QUESTIONS AND ANSWERS 1 to 3

1. The true discount on a bill due 10 months hence at 6% per annum is Rs. 26.25. The amount of the bill is:

Rs. 1575
Rs. 500
Rs. 650.25
Rs. 551.25

2. The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 25 and Rs. 20 respectively. The sum is:

Rs. 500
Rs. 200
Rs. 250
Rs. 100

3. A man buys a watch for Rs. 195 in cash and sells is for Rs. 220 at a credit of 1 year. If the rate of interest is 10% the man:

gains Rs. 15
gains Rs. 3
gains Rs. 5
loses Rs. 5

More TRUE DISCOUNT APTITUDE QUESTIONS AND ANSWERS available in next pages

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