Aptitude - True Discount - Discussion
Discussion Forum : True Discount - General Questions (Q.No. 2)
2.
The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:
Answer: Option
Explanation:
P.W. = Rs. (2562 - 122) = Rs. 2440.
S.I. on Rs. 2440 for 4 months is Rs. 122.
| Rate = |
 |
100 x 122 |  % |
= 15%. |
|
Discussion:
47 comments Page 3 of 5.
GANESH TANDEL said:
9 years ago
In the question there must not mention that true discount amount is inclusive or exclusive on Rs. 2562/-.
How anyone could assumed to be that?
Answer should be 14% if it is exclusive or 15% if it is inclusive.
How anyone could assumed to be that?
Answer should be 14% if it is exclusive or 15% if it is inclusive.
Ankush said:
9 years ago
I don't understand the concept of true discount. Can anyone help?
Sahil Khann said:
8 years ago
Excellent work @Slovan.
Biju said:
7 years ago
I don't understand it. Can you please explain me?
Anomies said:
7 years ago
2562 should be present worth then why its taken as amount?
Kathya said:
1 decade ago
So nice explanation.
Venkadesh virudhagiri said:
1 decade ago
Due is in month, so we convert into year 4/12 = 1/3.
S.v.s rama chaitanya said:
1 decade ago
Why should we deduct Rs 122/- from 2562/- is there any basic concept between them please explain.
Shreya said:
1 decade ago
Yup. Rama.
Here formula used=.
Amount=pw+tc.
Pw=amount-tc.
Here formula used=.
Amount=pw+tc.
Pw=amount-tc.
Karthick said:
1 decade ago
Explain for pw and tc.
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