1. The true discount on 1, 860 due after a certain time at 5% is 60. Find the time after which it is due.






Write Comment

Type in
(Press Ctrl+g to toggle between English and the chosen language)

Comments

  • By: anil on 05 May 2019 01.54 am
    True discount = $$frac{A * r * t}{rt + 100}$$ where, A = Amount, r = rate and t = time Applying the above formula, we get True discount = $$frac{1860 * 5 * t}{5t + 100}$$ = 60 => $$5t$$ + 100 = $$155t$$ => $$t = frac{2}{3}$$ years or $$t = frac{2}{3}$$ * 12 = 8 months
Tags
Show Similar Question And Answers
QA->If the cash book does not contain discount columns, discount allowed and received will be passed through…………….....
QA->A shopkeeper wants to get 20% gain on an article after allowing a discount of 15%. If the article costs him Rs.153, what price should be mark on the article?....
QA->The discount on reissue of forfeited shares should not exceed:....
QA->The difference between the total present value of a stream of cash flow of a given rate of discount and the initial capital outlay is known as :....
QA->Idiom of At a discount....
MCQ->The true discount on 1, 860 due after a certain time at 5% is 60. Find the time after which it is due.....
MCQ->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?....
MCQ->860% of 50+50% of 860=....
MCQ->Which two statements are true about wrapper or String classes? If x and y refer to instances of different wrapper classes, then the fragment x.equals(y) will cause a compiler failure. If x and y refer to instances of different wrapper classes, then x == y can sometimes be true. If x and y are String references and if x.equals(y) is true, then x == y is true. If x, y, and z refer to instances of wrapper classes and x.equals(y) is true, and y.equals(z) is true, then z.equals(x) will always be true. If x and y are String references and x == y is true, then y.equals(x) will be true.....
MCQ-> In the question given below certain symbols are used with the following meaning: A@B means A is greater than B A*B means A is either greater than or equal to B A#B means A is equal to B A$B means A is either smaller than or equal to B A+B means A is smaller than B Now in each of the following questions assuming the given statements to be true find which of the two conclusions I, II given below them is/are definitely true. Give answer (a)if only conclusion I is true Give answer (b)if only conclusion II is true Give answer (c)if either conclusion I or II is true Give answer (d)if neither conclusion I nor II is true Give answer (e)if both conclusions I and II are true.Statements: D+T, E$V, F*T, E@D Conclusions:I.D$V II.D+F....
Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use
DMCA.com Protection Status Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions