Discussion :: True Discount
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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:
Answer : Option D
Explanation :
P.W. = Rs. (1760 -160) = Rs. 1600.
S.I. on Rs. 1600 at 12% is Rs. 160.
Time =100∗1601600∗12=56yeras=[56*12]months = 10 months.
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