True Discount

Q1: If Rs. 10 be allowed as true discount on a bill of Rs. 110 due at the end of a certain time, then the discount allowed on the same sum due at the end of double the time is:

A Rs. 20

B Rs. 21.81

C Rs. 22

D Rs. 18.33

ANS:D - Rs. 18.33

S.I. on Rs. (110 - 10) for a certain time = Rs. 10. S.I. on Rs. 100 for double the time = Rs. 20. T.D. on Rs. 120 = Rs. (120 - 100) = Rs. 20.

T.D. on Rs. 110 = Rs. 20 x 110 = Rs. 18.33
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