Quantitative Aptitude :: True Discount - Discussion

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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)

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STEP-BY-STEP

Siddhartha
17 Apr, 2019 2:52 PM

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

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