Test Preparation on Math Test Preparation Problems on Discount Part 2
1.
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 interests is 10% per annum, the man
2.
Rs.20 is the true discount on Rs.260 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?
3.
A trader owens a merchant Rs.10,028 due 1` year hence. The trader wants to settle the account after 3 months. If the rate of interest is 12% per annum, how much cash should he pay?
4.
The true discount on Rs.2562 due 4 months hence is Rs.122. The rate percent is
