Sawaal
  • Home/
  • Searching for Rs.110

 Searching for "Rs.110"

Q:

The bankers discount and true discount on a sum of money due 8 months hence are Rs.120 & Rs.110 resp. Find the sum.

A) 1457 B) 1320
C) 1140 D) 1260
 
Answer & Explanation Answer: B) 1320

Explanation:

Sum = (B.D * T.D) / (B.D) -(T.D)

= (120 * 110) / (120 -110)

= 1320

Report Error

View Answer Report Error Discuss

Filed Under: Banker's Discount

Q:

If Rs.10 be allowed as true discount on a bill of Rs.110 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) 18.20 B) 18.33
C) 18 D) 18.30
 
Answer & Explanation Answer: B) 18.33

Explanation:

Present worth  = Amount - True Discount = 110 -10 = Rs.100 

SI on Rs.100 for a certain time = Rs.10

SI on Rs.100 for doube the time = Rs.20 

True Discount on Rs.120 = 120 - 100 = Rs.20 

True Discount on Rs.110 = 110×20120 = Rs.18.33

Report Error

View Answer Report Error Discuss

Filed Under: True Discount

Q:

A has to pay Rs.220 to B after 1yr. B asks A to pay Rs.110 in cash and defer the payment of Rs.110 for 2 yrs. A agrees to it. If the rate of interest be 10% per annum in this mode of payment:

A) A gains Rs.11 B) There is No gain or loss
C) A losses 7.43 D) A gains Rs. 7.34
 
Answer & Explanation Answer: D) A gains Rs. 7.34

Explanation:

A has to pay = Present worth of Rs220 due 1yr hence  

= Rs.[(220 x 100)/100+(10 x 1)] = Rs.200 

 

A actually pays = Rs.110+PW  of Rs.110 due 2 yrs hence 

= [110+(110 x 100)] / [100+(10 x 2)] = Rs.192.66  

 

So, A gains Rs. (200-192.66) = Rs.7.34

Report Error

View Answer Report Error Discuss

Filed Under: True Discount