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Question

If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:

Options:
A .  Rs. 768
B .  Rs. 968
C .  Rs. 1960
D .  Rs. 2400
Answer: Option A

P.W. = \(\frac{100\times T.D.}{R\times T} = \frac{100\times168}{14\times2} = 600.\)


So, Sum = (P.W. + T.D.) = Rs. (600 + 168) = Rs. 768.


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