Aptitude - True Discount - Discussion
Discussion Forum : True Discount - General Questions (Q.No. 7)
7.
The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is:
Answer: Option
Explanation:
Let P.W. be Rs. x.
Then, S.I. on Rs. x at 16% for 9 months = Rs. 189.
 x x 16 x |
9 | x | 1 | = 189 or x = 1575. |
| 12 | 100 |
P.W. = Rs. 1575.
Sum due = P.W. + T.D. = Rs. (1575 + 189) = Rs. 1764.
Discussion:
12 comments Page 1 of 2.
Aditya said:
1 decade ago
What is P. W and S. I in the solution?
ARUNDEEP SINGH said:
1 decade ago
TD(100+RT)=ART.
189(100+9/12*16)=A 9/12*16.
189*112/12 = 1764.
189(100+9/12*16)=A 9/12*16.
189*112/12 = 1764.
Subrat said:
1 decade ago
Why is the true discount added and not subtracted ?
Praneeth said:
1 decade ago
@Subrat.
Amount = (Present Worth(PW)) + (True Discount (TD)).
Please check the "Important Formulas" which is available above left side.
Amount = (Present Worth(PW)) + (True Discount (TD)).
Please check the "Important Formulas" which is available above left side.
Shubham bansal said:
1 decade ago
What is meant by true discount?
Jay said:
10 years ago
Why multiplied by 1/100?
(1)
Sam said:
9 years ago
" at 16% per annum is Rs. 189"- So amount Rs. 189 is for 12 months as it is given per annum, isn't it?
Then how come "S. I. On Rs. X at 16% for 9 months = Rs. 189"- is this Rs. 189 for 9 months?
Kindly help!
Then how come "S. I. On Rs. X at 16% for 9 months = Rs. 189"- is this Rs. 189 for 9 months?
Kindly help!
Vivek Kumar Dhanuk said:
8 years ago
What is PW and why SI=TD here?
Revathi said:
8 years ago
Can you explain in detail?
Bruce said:
5 years ago
In question, it is given the amount of the bill, how to know if they are asking about Present Value or Due amount? Please tell me.
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