Aptitude - True Discount - Discussion

Discussion Forum : True Discount - General Questions (Q.No. 8)
8.
A man buys a watch for Rs. 1950 in cash and sells it for Rs. 2200 at a credit of 1 year. If the rate of interest is 10% per annum, the man:
gains Rs. 55
gains Rs. 50
loses Rs. 30
gains Rs. 30
Answer: Option
Explanation:

S.P. = P.W. of Rs. 2200 due 1 year hence
= Rs. 2200 x 100
100 + (10 x 1)
= Rs. 2000.

Gain = Rs. (2000 - 1950) = Rs. 50.

Discussion:
87 comments Page 8 of 9.

ABU TALHA said:   5 months ago
I think option A) 55 is the correct answer.
(1)

Pramod kumar jangir said:   10 years ago
@Sachin.

You are absolutely right. Thanks.

Rahul said:   8 years ago
According to me, 55 is the correct answer.
(3)

Ajay said:   9 years ago
Yes, I too get the answer as 55.
(1)

Soni said:   1 decade ago
Please explain this clearly.

Sumana said:   1 decade ago
I m agree with Ramesh also.

Sharad goyal said:   1 decade ago
I agree with anurag singh.

Sneha said:   9 years ago
I agree with you @Arijit.

Nouman Rana said:   1 decade ago
Where is 100 come from?

Mike said:   1 decade ago
Where is 100 come from?


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