Quantitative Aptitude :: True Discount - Discussion
Home > Quantitative Aptitude > True Discount > MCQs Questions Discussion
11 / 25
Choose the correct option.
The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is:
ARs. 1166
BRs. 1360
CRs. 1927
DRs. 1764
Answer: Option (Login/Signup)
Show Explanation
Asked In ::
STEP-BY-STEP
Let, P.W be Rs. x.
Then, S.I on Rs. x at 16% for 9 months = Rs. 189
So, x * 16 * ( 9 / 12 ) * ( 1 / 100 ) = 189
or, x= Rs. 1575
Therefore, Amount due = P.W + T.D
= Rs. ( 1575 + 189 )
= Rs. 1764
Read Full Answer
Report Error
Please Login First Click Here