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Question

The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is:

Options:
A .  Rs. 1386
B .  Rs. 1764
C .  Rs. 1575
D .  Rs. 2268
Answer: Option B

Let P.W. be Rs. x.


Then, S.I. on Rs. x at 16% for 9 months = Rs. 189.


So,  x x 16 x  \(\frac{9}{12}\times\frac{1}{100}\)  = 189 or x = 1575.


So, P.W. = Rs. 1575.


So, Sum due = P.W. + T.D. = Rs. (1575 + 189) = Rs. 1764.


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