True Discount Questions and Answers - Arithmetic :: 4 :: part1

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True Discount QUESTIONS AND ANSWERS :: Arithmetic : part1 : 16 to 20

Following True Discount multiple choice objective type questions and answers will help you in many types of 2024 job and other entrance examinations :

16.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 gains Rs. 11

17.If Rs. 10 be allowed as true discount on a bill of Rs. 110 due at the end of a certain time, then the discount allowed on the same sum due at the end of double the time is:

Rs. 20

Rs. 21.81

Rs. 22

Rs. 18.33

More True Discount QUESTIONS AND ANSWERS available in next pages

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Arithmetic Questions And Answers :: True Discount: part1