Lessons

General Aptitude
17.1 True Discount - General Questions

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Q.

The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is:

View Answer

Correct choice: B

Explanation:

Let P.W. be Rs. x.

Then, S.I. on Rs. x at 16% for 9 months = Rs. 189.

x x 16 x 9 x 1 = 189 or x = 1575.
12 100

∴ P.W. = Rs. 1575.

∴ Sum due = P.W. + T.D. = Rs. (1575 + 189) = Rs. 1764.

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