Aptitude Question Papers

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TRUE DISCOUNT QUESTIONS AND ANSWERS 13 to 15

13. A has to pay Rs. 220 to B after 1 year, B asks A to pay Rs. 110 in cash and defer the payment of Rs. 110 for 2 years. A agrees to it. Counting, the rate of interest at 10% per annum in this new mode of payment:

there is no gain or loss to any one
A loses Rs. 7.34
A loses Rs. 7.34
A gains Rs. 11

14. The true discount on Rs. 1860 due after a certain time at 5% is Rs. 60. The time after which it is due is:

6 months
8 months
9 months
10 months

15. Goods were bought for Rs. 600 and sold the same day for Rs. 650.25 at a credit of 9 months and still there was a gain of 2%. The rate percent is:

6 %
8 %
8%
7 %

More TRUE DISCOUNT APTITUDE QUESTIONS AND ANSWERS available in next pages

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