Discussion :: True Discount - General Questions (Q.No.9)
|Chandu said: (Dec 3, 2010)|
|Hi this is chandu I want to knowing about explantion about this problem.|
|Www said: (Sep 30, 2011)|
|On the amount of 1760/- he got T.D of 160/-
with rate of interest of 12%
So we can directly use the formula
|Hari said: (Jun 9, 2012)|
|But formula should be
|Banu said: (Apr 7, 2013)|
|What is R and T in the formula?|
|Durga said: (Aug 12, 2014)|
|Hi am Durga, I want to knowing about the solution & I don't know how can get the 5/6 for 160*100/1600*12.|
|Abhishek Kumar said: (Nov 9, 2014)|
|Amount = S.I + P.
Here P = 1760-160 = 1600.
160 = 1600*12*t/100.
Which gives t = 5/6 years.
Now, 5/6*12 = 10 months.
|Anjali said: (May 17, 2016)|
|5/6 is the fractional months so we have to convert it into a calendar month.
So, we can say that if 1 year is equal to 12 months then how much year or month is equal to 5/6 (In cross multiplication).
|Raj said: (Jan 22, 2017)|
|What is P.W?
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