Arithmetic Ability
True Discount

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Q.

If Rs.20 is the True Discount on Rs260due after a certain time.What wil be true discount on the same sum due after half of the former time, the rate of interest being the same?

View Answer

Correct choice: C

Explanation:

Simple Interest on Rs. (260-20) for a gven time= Rs.20 Simple Interest on Rs. (260-20) for a half time = Rs.10 True Discount on Rs.250 = Rs.10 True Discount on Rs.260 = Rs.[(10/250) x 260] = Rs. 10.40
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