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

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

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