Quantitative Aptitude - True Discount

Question - 1

The present worth of Rs. 2310 due $2{1\over 2}$ years hence, the rate of interest being 15% per annum, is :​

• A Rs. 1750
• B Rs.1680
• C Rs. 1840
• D Rs. 1443.75

Question - 2

If the true discount on a sum due 2 years hence at 14% per annum be Rs. 168, the sum due is :

• A Rs. 768
• B Rs. 968
• C Rs. 1960
• D Rs. 2400

Question - 3

The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is :

• A 12%
• B ​$13{1\over 3}$​%
• C 15%
• D 14%

Question - 4

The true discount on Rs. 1760 due after a certain time ar 12% per annum is Rs. 160. The time after which it is due is :

• A 6 Months
• B 8 Months
• C   9Months
• D   10Months

Question - 5

The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is :

• A Rs. 1386
• B Rs. 1764
• C Rs. 1575
• D Rs. 2268

Question - 6

The interest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 due 2 years hence. if the rate of interest is the same in both cases, it is :

• A 12%
• B 14%
• C 15%
• D $16{2\over 3}$%

Question - 7

The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 85 and Rs. 80 respectively. The sum is :

• A Rs. 1800
• B Rs. 1450
• C Rs. 1360
• D Rs. 6800

Question - 8

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 :

• A Rs. 20
• B Rs. 21.81
• C Rs. 22
• D Rs. 18.33

Question - 9

A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other at a credit of Rs. 12,880 to be paid after 8 months, money being ar 18% per annum. Which is the better offer ?

• A Rs. 12,000 in cash
• B Rs. 12,880 at credit
• C Both are equally good

Question - 10

Goods were bought for Rs. 600 and sold the same day for Rs. 688.50 at a credit of 9 months and thus gaining 2%. The rate of interest per annum is :

• A $16{2 \over 3}$%
• B ​$14{1 \over 2}$​ %
• C ​$13{1 \over 3}$​ %
• D ​15%​