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True Discount - General Aptitude

Q1:

The true discount on Rs. 1760 due after a certain time at 12% per annum is Rs. 160. The time after which it is due is:

A 6 months

B 8 months

C 9 months

D 10 months

ANS:D - 10 months

P.W. = Rs. (1760 -160) = Rs. 1600.  S.I. on Rs. 1600 at 12% is Rs. 160.

 Time = 100 x 160 = 5 years = 5 x 12 months = 10 months.
1600 x 12 6 6