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

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
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
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
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
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.    $$7\frac{1}{4}$$%