Question:

  1. 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

Options:
A.Rs 100
B.Rs150
C.Rs 200
D.Rs 250
Answer: Option A

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More Questions Related to Quantitative Aptitude > True Discount & Banker's Discount :

Question 1.

  1. A man buys a watch for Rs 195 in cash and sells it for Rs 220 at a credit of 1 year. If the rate of interest is 10% p.a. the man gains

Options:
  1.    Rs 5
  2.    Rs 10
  3.    Rs 15
  4.    Rs 20
Answer: Option A
Question 2.

  1. The true discount on a bill due 10 months hence at 6% per annum is Rs 26.25. The amount of the bill is

Options:
  1.    Rs 549.25
  2.    Rs 551.25
  3.    Rs 559.25
  4.    none of these
Answer: Option B
Question 3.

  1. 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?

Options:
  1.    A , Rs 50
  2.    B, Rs 50
  3.    A, Rs 70
  4.    B,Rs 70
Answer: Option B
Question 4.

  1. If the true discount on a sum due 2 years hence at 5% per annum be Rs 75 then the sum due is

Options:
  1.    Rs 750
  2.    Rs 775
  3.    Rs 800
  4.    Rs 825
Answer: Option D
Question 5.

  1. True discount on a certain sum of money due 4 years hence is Rs 80 and the simple interest on the same sum for the same time and at the same rate is Rs 100. Determine the rate % p.a.

Options:
  1.    \(4\frac{1}{4}\)%
  2.    \(5\frac{1}{4}\)%
  3.    \(6\frac{1}{4}\)%
  4.    \(7\frac{1}{4}\)%
Answer: Option C
Question 6.

  1. What is the banker’s discount on a bill of Rs 1650 due 4 years hence at 8% p.a.?

Options:
  1.    Rs 524
  2.    Rs 528
  3.    Rs 532
  4.    Rs 536
Answer: Option B