Aptitude - True Discount - Discussion
Discussion Forum : True Discount - General Questions (Q.No. 6)
6.
Goods were bought for Rs. 600 and sold the same for Rs. 688.50 at a credit of 9 months and thus gaining 2% The rate of interest per annum is:
Answer: Option
Explanation:
| S.P. = 102% of Rs. 600 = |  |
102 | x 600 |  |
= Rs. 612. |
| 100 |
Now, P.W. = Rs. 612 and sum = Rs. 688.50.
T.D. = Rs. (688.50 - 612) = Rs. 76.50.
Thus, S.I. on Rs. 612 for 9 months is Rs. 76.50.
| Rate = |
 |
100 x 76.50 |  % |
= 16 % |
|
Discussion:
20 comments Page 2 of 2.
Venkatesh said:
9 years ago
I'm little confused. Is there any easy methods to solve and understand this problem?
Anjali singh said:
1 decade ago
Unable to understand how we get 102%of 600 = 612. What is the formula behind it?
(1)
Omer said:
1 decade ago
How to put 9.375 in fraction in easy method to get 16*2/3
Kindly help me out
Kindly help me out
Dulle said:
5 years ago
@Sowmya
The formula of Interest = PRT/100.
The formula of Interest = PRT/100.
Sowmya said:
7 years ago
What is the formula for rate of interest?
Deepa A J said:
9 years ago
Why 3/4 is taken in the problem?
Kiran roy said:
7 years ago
Why it is 9/12 instead of 12/9?
(1)
Mukesh vyas said:
1 decade ago
Please resolve value 102%.
Anchal said:
9 years ago
@Kamrujjaman.
9/12 =3/4.
9/12 =3/4.
Vignesh said:
1 decade ago
What is pw ?
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