Aptitude - True Discount - Discussion

Discussion Forum : True Discount - General Questions (Q.No. 12)
12.
The interest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 due 2 years hence. If the rate of interest is the same in both cases, it is:
12%
14%
15%
16 2 %
3
Answer: Option
Explanation:

S.I. on Rs. 750 = T.D. on Rs. 960.

This means P.W. of Rs. 960 due 2 years hence is Rs. 750.

T.D. = Rs. (960 - 750) = Rs. 210.

Thus, S.I. on R.s 750 for 2 years is Rs. 210.

Rate = 100 x 210 % = 14%
750 x 2

Discussion:
13 comments Page 1 of 2.

D Priya said:   8 years ago
It is said that SI = TD.

So we can calculate the rate by comparing this equality given in this question.

Priya said:   9 years ago
How we say that p.w of Rs.960 is Rs.750?
(1)

Praveen reddy said:   9 years ago
I am satisfied with your answer. Thanks, @Deepesh.

Deepesh said:   9 years ago
S.I = PW * r * t /100.
T.d = amount * r * t/100 + r * t.

As given S.I = T.d .

750 * r * 2/100 = 960 * r * 2 / 100 + r * 2.

R = 14.
(2)

Vishal said:   10 years ago
Is there any other method?

Aparna said:   1 decade ago
What is the formula for are how can I calculate that help me please?
(1)

Akhil said:   1 decade ago
Pw is present worth.

Vani said:   1 decade ago
What is PW?

Shiva sri krishna said:   1 decade ago
Whats PW?

Vika said:   1 decade ago
But it is the simple interest?


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