Warning: implode(): Invalid arguments passed in /www/wwwroot/jobquiz.info/mdiscuss.php on line 336 The interest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 due 2 years hence. If the rate of interest is the same in both cases, it is: ?->(Show Answer!)
1. The interest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 due 2 years hence. If the rate of interest is the same in both cases, it is:
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By: guest on 01 Jun 2017 05.49 pm
S.I. on Rs. 750 = T.D. on Rs. 960. This means P.W. of Rs. 960 due 2 years hence is Rs. 750. T.D. = Rs. (960 - 750) = Rs. 210. Thus, S.I. on R.s 750 for 2 years is Rs. 210. Rate = 100 x 210 % = 14% 750 x 2