Question:
If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:
[A].Rs. 768
Rs. 968
Rs. 1960
Rs. 2400
If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:
[A].
[B].
[C].
[D].
Answer: Option A
Explanation:
| P.W. = | 100 x T.D. | = | 100 x 168 | = 600. |
| R x T | 14 x 2 |
Sum = (P.W. + T.D.) = Rs. (600 + 168) = Rs. 768.