Discussion :: True Discount
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The simple interest and the true discount on a certain sum for a given time and at a given rate are Rs. 85 and Rs. 80 respectively. The sum is:
Answer : Option C
Explanation :
Sum =\(\frac { S.I*T.D } { (S.I)-(T.D) } \)=\(\frac { 85*80 } { (85-80) } =\)= Rs. 1360
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