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Q1
:
If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:
A
Rs. 2400
B
Rs. 968
C
Rs. 1960
D
Rs. 768
Solution
ANS:
A
- Rs. 768
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.
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