Aptitude Question Papers

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TRUE DISCOUNT QUESTIONS AND ANSWERS 7 to 9

7. Rs. 20 is the true discount on Rs. 260 due after a certain time. What will be the true discount on the same due after half of the former time, the rate of interest being the same:

Rs. 10
Rs. 10.40
Rs. 15.20
Rs. 13

8. A trader owes a merchant Rs. 901 due 1 year�s hence. However, the trader wants to settle the account after 3 months. How much cash should he pay, if rate of interest is 8% per annum:

Rs. 870
Rs. 850
Rs. 828.92
Rs. 846.94

9. If the true discount on a sum due 2 years hence at 5% per annum be Rs. 75, then the sum due is:

Rs. 750
Rs. 825
Rs. 875
Rs. 800

More TRUE DISCOUNT APTITUDE QUESTIONS AND ANSWERS available in next pages

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