11.The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 85 and Rs. 80 respectively. The sum is : A) Rs. 1800 B) Rs. 1450 C) Rs. 1360 D) Rs. 6800 View Answer Report DiscussAnswer: Option CExplanation:
12.The interest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 due 2 years hence. If the rate of interest is the same in both eases, it is : A) 12% B) 14% C) 15% D) 16(2/3)% View Answer Report DiscussAnswer: Option BExplanation:
13.The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is : A) Rs. 1386 B) Rs. 1764 C) Rs. 1575 D) Rs. 2268 View Answer Report DiscussAnswer: Option BExplanation:
14.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 View Answer Report DiscussAnswer: Option DExplanation:
15.The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is : A) 12% B) 13(1/3)% C) 15% D) 14% View Answer Report DiscussAnswer: Option CExplanation:
