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 5 of 5.

ARJUN---> said:   1 decade ago
@Shreya

Formula used by you is wrong.

It is,

amount=present worth(pw)+true discount(td)

and hence, its comes as

pw=amount-td

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

Karthick said:   1 decade ago
Explain for pw and tc.

Shreya said:   1 decade ago
Yup. Rama.

Here formula used=.

Amount=pw+tc.

Pw=amount-tc.

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.

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

Rohith said:   1 decade ago
I didn't undersatnd the usage of 1/3 in this solution.

Can any one help me in sorting out this problem?


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