Arithmetic Questions And Answers :: True Discount: part1

11.A man purchased a cow for Rs. 300 and sold it the same day for Rs. 360, allowing the buyer a credit of 9 years. If the rate of interest be 7 % per annum, then the man has a gain of:

12.I want to sell may scooter. There are tow offers, one at cash payment of Rs. 8100 and another at a credit of Rs. 8250 to be paid after 6 months. If money being worth 6 per annum simple interest, which is the better offer:

13.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:

14.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:

15.I want to sell may scooter. There are tow offers, one at cash payment of Rs. 8100 and another at a credit of Rs. 8250 to be paid after 6 months. If money being worth 6 per annum simple interest, which is the better offer: