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:
12%
13 1 %
3
15%
14%
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%.
2440 x 1
3

Discussion:
47 comments Page 4 of 5.

Mamta said:   1 decade ago
What is the difference between SI and TD ? please tell me.

Anomies said:   7 years ago
2562 should be present worth then why its taken as amount?

Amit said:   1 decade ago
Can anyone share formula of calculating rate of interest?

Venkadesh virudhagiri said:   1 decade ago
Due is in month, so we convert into year 4/12 = 1/3.

Deepan said:   1 decade ago
I cant understand the solution can anyone help me.

Biju said:   7 years ago
I don't understand it. Can you please explain me?

Gnana said:   1 decade ago
How 15% is possible, can any one help for it.

Ram said:   1 decade ago
@Deepa you are only used in correct formula.

Dashrath kumar said:   6 years ago
Amount = present worth(pw) + true discount.
(1)

Kumar said:   1 decade ago
Are SI and td are equal. ? please explain.


Post your comments here:

Your comments will be displayed after verification.