Aptitude - True Discount - Discussion

You Are Here :: Home > Arithmetical Ability > True Discount - Discussion

 
Q.

A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest 12% per annum, how much cash should he pay?                         
A. Rs. 9,025.20 B. Rs. 9,200
C. Rs. 9,600 D. Rs. 9,560

Answer: Option B
Explaination:

 


Discussion

Your Comments Goes here...
NameDiscussion