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Discount (True and Banker’s) question bank (Quantitative Aptitude)

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Q1.

True discount on $Rs. 3024$ due $6$ months hence is $Rs. 144$. The rate percent is: (in $\%$)

(A)

$6$

(B)

$8$

(C)

$10$

(D)

$12$

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Q2.

The simple interest and the true discount on a certain sum for a given time and at a given rate are $Rs.\, 85$ and $Rs.\, 80$ respectively. The sum is (in $Rs.$)

(A)

$6800$

(B)

$3400$

(C)

$1700$

(D)

$1360$

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