Aptitude - True Discount - Discussion
Discussion Forum : True Discount - General Questions (Q.No. 3)
3.
A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest 12% per annum, how much cash should he pay?
Answer: Option
Explanation:
| Required money | = P.W. of Rs. 10028 due 9 months hence | |||||||||||
|
||||||||||||
| = Rs. 9200. |
Discussion:
53 comments Page 4 of 6.
Yoobsan Tolasa said:
3 years ago
Amount = pw +(pw * r * t).
10028 = pw + pw (12*9)/100 * 12,
10028 = 109*pw/100.
Pw = 9200.
10028 = pw + pw (12*9)/100 * 12,
10028 = 109*pw/100.
Pw = 9200.
(2)
Jayadeep said:
1 decade ago
A trader owes a merchant Rs. 10,028 due 1 year hence. Can anyone explain me the meaning?
Sai said:
1 decade ago
It did not understand this question can anyone explain in detail with right solution?
Sabari said:
9 years ago
@gopikrishna. From where did you get PW? I'm sorry, I can't understand the question.
Nikhil said:
1 decade ago
Can anyone explain me meaning of this problem, I couldn't understand it properly?
Vishnu vardhan reddy said:
5 years ago
@Ayushi Garkoti.
Why do you take a time period of 9 months? Please explain.
Why do you take a time period of 9 months? Please explain.
(3)
Sandip said:
1 decade ago
Why 9/12? what is the actual formula can anybody explain me it in deeply?
Aishu said:
5 years ago
@Plasi.
Your explanation is clear. Thank you so much.
Your explanation is clear. Thank you so much.
(2)
Neha said:
1 decade ago
I didn't understand the formula for P.W. Please help.
Nandu said:
2 years ago
What is the correct answer?
Anyone, please explain.
Anyone, please explain.
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