Arithmetic Ability
True Discount

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Q.

If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is ?

View Answer

Correct choice: C

Explanation:

P.W. = 100×T.D/R×T = 100×168/14×2 = 600. Sum = (P.W. + T.D.) = Rs. (600 + 168) = Rs. 768.
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