Question

find the disscount on rs 510 due 6 months hence at 4 percent

Answer 1

Answer:

find the discount on rs.510 due 6 months hence at 4 percent

Answer 2

Given:

Amount= Rs.510

Due date=6 months from today

Discount percent=4%

To find:

The amount of discount

Solution:

The amount of discount is Rs.10.2.

We can find the amount by following the given process-

We know that the discount can be calculated by taking the discount percent for the given duration.

Since the duration of calculating discount is 6 months, the discount will be calculated for half a year i.e., 6 months.

The duration=6 months

= 6/12 year=1/2 year

Amount of discount=4% of 510 for 6 months.

=4% of 510 for 1/2 year

=4/100×510×1/2

=4/10×51×1/2

=2/10×51

=51/5

=Rs.10.2

Therefore, the amount of discount is Rs.10.2.