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Discussion :: True Discount

  1. 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:

    2. A.

    6 months
    B.

    8 months
    C.

    9 months
    D.

    10 months

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    Workspace

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    Answer : Option D

    Explanation :

    P.W. = Rs. (1760 -160) = Rs. 1600.

     

     S.I. on Rs. 1600 at 12% is Rs. 160.

     

     Time =\( \frac { 100*160 } { 1600*12 } \)=\(\frac { 5} {6 }\)yeras=[\(\frac { 5} {6 }\)*12]months = 10 months.

     

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