Aptitude - True Discount - Discussion
Discussion Forum : True Discount - General Questions (Q.No. 14)
14.
The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:
Answer: Option
Explanation:
| Required sum | = P.W. of Rs. 702 due 6 months + P.W. of Rs. 702 due 1 year hence | |||||||||||||
|
||||||||||||||
| = Rs. (675 + 650) | ||||||||||||||
| = Rs. 1325. |
Discussion:
22 comments Page 2 of 3.
Ramesh said:
9 years ago
Why the interest can't be 4% each time?
Sara said:
1 decade ago
Can you please tell in the second bracket why did you multiply 8x1 ?
Tejaswini said:
1 decade ago
Though simple interest formula is p*t*r/100 why there is complexity in calculation can you please explain it in detail?
Girish said:
1 decade ago
Why do we use 8 over there?
Pavithra said:
1 decade ago
Can you please tell the calculation of that?
Kiranmayi paila said:
1 decade ago
First half year includes months i.e. 1/2 but second half early = 6+previous 6 months i.e. 1/2+1/2 = 1.
Rahul said:
1 decade ago
Shouldn't it be 1/2 both the times?
Rohit said:
1 decade ago
Two equal half yearly installments?
K n chethan said:
1 decade ago
What is 100*702/(100+8*1/2)?
Dileep said:
1 decade ago
Since 8*(12/12)=8*1
8*(6/12)=8*(1/2)
8*(6/12)=8*(1/2)
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