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Quantitative Aptitude :: True Discount - Discussion

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Choose the correct option.

Suppose Rajendra has to pay Rs.156 after 4 years and the rate of interest is 14% per annum. Clearly, Rs. 100 at 14% will amount to Rs. 156 in 4 years. So, the payment of Rs. 100 now will clear off the debt of Rs.156 due 4 years. Hence, we say that :

ARs. 320

BRs. 180

CRs. 160

DNone of these

Answer: Option (Login/Signup)

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