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True Discount

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. 768

B Rs. 968

C Rs. 1960

D Rs. 2400

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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