Arithmetic Ability
True Discount

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Q.

The present value of a bill due at the end of 2 years is Rs.1250. If the bill were due at the end of 2 years and 11 months, its present worth would be Rs.1200. Find the rate of interest and the sum.

View Answer

Correct choice: B

Explanation:

PW = 100×Amount/100+(R×T)
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