True Discount

Practice True Discount – The present worth of Rs.1404 due in two equal half-yearly instalments at 8% per annum. Simple interest is:

Practice True Discount – A man wants to sell his scooter .There are two offers one at Rs12000 cash and other at a credit of Rs12880 to be paid after 8 months ,money being at 18% per annum which is better offer?

Practice True Discount – 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 interest is 10% per annum, the man:

Practice True Discount – The profit earned by selling an article for Rs 900 is double the loss incurred when the same article is sold for Rs.490. At what price should the article be sold to make 25% profit?

Practice True Discount – A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a gain of:

Practice True Discount – The true-discount on Rs.2480 due after a certain period at 5% is Rs.80. Find the
due period.

Practice True Discount – In what time a debt of Rs.7920 due may be cleared by immediate cash down
payment of Rs.3600 at 1/2% per month

Practice True Discount – The true discount on a bill due 9 months hence at 12% per annum is Rs 540. Find the amount of the bill and its present worth?

Practice True Discount – What is the true discount on a bill of Rs.2916 due in 3 years hence at 8% C.I.?

Practice True Discount – The present value of a bill due at the end of 2 years is Rs.1250. If the bill were due at the end of 2 years and 11 months, its present worth would be Rs.1200. Find the rate of interest and the sum.