The true discount on a bill due 9 months hence at 16% per annum is Rs.
The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is :
Answer/Solution
Rs. 1764
Steps/Work
Solution
Let P.W. be Rs. x. Then, S.I on Rs. X at 16% for 9 months = Rs. 189.
∴ xX 16x9/12x1x100 = 189 or x = 1575.
∴ P.W = Rs. 1575.
∴ Sum due =P.W + T.D. = Rs. (1575+189) = Rs. 1764.
Answer B
Let P.W. be Rs. x. Then, S.I on Rs. X at 16% for 9 months = Rs. 189.
∴ xX 16x9/12x1x100 = 189 or x = 1575.
∴ P.W = Rs. 1575.
∴ Sum due =P.W + T.D. = Rs. (1575+189) = Rs. 1764.
Answer B