Competitive Exam

Discount (True and Banker’s) question bank (Quantitative Aptitude)

Practice 123 free Competitive Exam Quantitative Aptitude - Discount (True and Banker’s) questions with answers and step-by-step solutions.

Q1.

The true discount on a bill due $10$ months hence at $15 \%$ per annum is $Rs. 225$. The amount of the bill is (in $Rs.$)

(A)
$1500$
(B)
$1750$
(C)
$1800$
(D)
$2000$
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Q2.

$Rs.\, 20$ is the true discount on $Rs.\, 210$ due after a certain time. What will be the true discount on the same sum due after half of the former time,the rate of interest being the same? (in $Rs.$)

(A)
$10$
(B)
$10.20$
(C)
$10.40$
(D)
$10.50$
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