True Discount - XtraStudy True Discount Aptitude Questions and Answers

⁞ True Discount

Aptitude ➤ True Discount ➤ 1

Question 1

Q1. Goods were bought for Rs. 600 and sold the same for Rs. 688.50 at a credit of 9 months and thus gaining 2 % The rate of interest per annum is:

16 ²/₃ %

14 ¹/₂ %

13 ¹/₃ %

15 %

Answer : 16 ²/₃ %

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