Aptitude - True Discount - Discussion
Discussion Forum : True Discount - General Questions (Q.No. 4)
4.
A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other a credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer?
Answer: Option
Explanation:
| P.W. of Rs. 12,880 due 8 months hence |
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| = Rs. 11500. |
Discussion:
34 comments Page 4 of 4.
Sonu said:
5 years ago
Thanks for explaining @Kavya.
(3)
Gitanjali Kumari said:
5 years ago
Thanks @Madhu.
(1)
Abirami D said:
5 years ago
Thanks for deriving the formula @Kavya.
(1)
M N S said:
3 years ago
S.I= (P*T*R)/100.
for P=12000,
S.I = 1440,
Total amount = P+S.I = 13440.
for what present value of P,
The total amount will be=12880 after 8 months with 18% interest is calculated using the formula
P.W= (P * 100)/ 100+ (R*T).
for P=12000,
S.I = 1440,
Total amount = P+S.I = 13440.
for what present value of P,
The total amount will be=12880 after 8 months with 18% interest is calculated using the formula
P.W= (P * 100)/ 100+ (R*T).
(4)
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