Aptitude - True Discount - Discussion

Discussion Forum : True Discount - General Questions (Q.No. 8)

True Discount

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 9 of 9.

Akshay thakur said: 7 years ago

I also agree @Ankit.

Rohit said: 9 years ago

Thanks a lot @Jatin.

(1)

Abhishek said: 1 decade ago

Thanks Sachin....

Sairam said: 1 decade ago

Thanks sachin...

Rits said: 1 decade ago

Thanks ramesh.

Tapan said: 1 decade ago

Thanks ramesh.

Mahesh said: 1 decade ago

Thanks ramesh.

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