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.
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.
Suhasini said:
1 decade ago
Hi,
I can't understand the true discount concept. Can anyone explain me clearly step by step?
I can't understand the true discount concept. Can anyone explain me clearly step by step?
Rajeev said:
1 decade ago
Since time and intrest must be calculated in year so month convert into year.
Goku said:
1 decade ago
Friends we can say T.D. = Interest on P.W. Hence the formula seems the same.
Abhishek kumar tiwari said:
1 decade ago
What is the P.W ? I know 4 month is the 1/3 of the year. But I don't no P.W.
Hannah said:
1 decade ago
Im not able to understand by seeing the sum which formula i have to use.
Ankush said:
9 years ago
I don't understand the concept of true discount. Can anyone help?
Yazhini said:
1 decade ago
Totally there are 12 months int the year. Hence 4/12months=1/3.
Arun Reddy said:
3 years ago
@Aishu
Thank you for clarifying it with a clear explanation.
Thank you for clarifying it with a clear explanation.
(1)
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.
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