Aptitude Quiz - True Discount 2

Bankers Adda is also known to be called as Aptitude Quiz adda.
Today Bankers Adda came back with a New Quiz on Aptitude
Go through the quiz and if you have any doubts please contact bankers adda in the comment section.

1. The true discount on Rs. 1760 due after a certain time at 12% per annum is Rs. 160. The time after which it is due is:

A. 6 months
B. 8 months
C. 9 months
D. 10 months

2. A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other a credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer?

A. Rs. 12,000 in cash
B. Rs. 12,880 at credit
C. Both are equally good

3. The present worth of Rs. 2310 due 2 1/2 years hence, the rate of interest being 15% per annum, is:

A. Rs. 1750
B. Rs. 1680
C. Rs. 1840
D. Rs. 1443.75

4. If Rs. 10 be allowed as true discount on a bill of Rs. 110 due at the end of a certain time, then the discount allowed on the same sum due at the end of double the time is:

A. Rs. 20
B. Rs. 21.81
C. Rs. 22
D. Rs. 18.33

5. If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:

A. Rs. 768
B. Rs. 968
C. Rs. 1960
D. Rs. 2400

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