- The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs 25 and Rs 20 respectively. The sum is
Answer: Option A
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More Questions Related to Quantitative Aptitude > True Discount & Banker's Discount :
- A owes B, Rs 1120 payable 2 years hence and B owes A, Rs 1081.50 payable 6 months hence. If they decide to settle their accounts forthwith by payment of ready money and the rate of interest be 6% per annum, then who should pay and how much?
- A , Rs 50
- B, Rs 50
- A, Rs 70
- B,Rs 70
Answer: Option B
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