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Quantitative Aptitude :: True Discount - Discussion

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Choose the correct option.

The true discount on Rs. 1760 due after a certain time at 12% per annum is Rs. 160 The time after which it is due is :

A6 months

B8 months

C9 months

D10 months

Answer: Option (Login/Signup)

Show Explanation

P.W.=Rs.(1760−160)          =Rs.1600.∴S.I onRs.1600at12%isRs.160∴Time=(100×1601600×12)            =56years            =(56×12)months            =10months

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