Aptitude - True Discount - Discussion
Discussion Forum : True Discount - General Questions (Q.No. 7)
7.
The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is:
Answer: Option
Explanation:
Let P.W. be Rs. x.
Then, S.I. on Rs. x at 16% for 9 months = Rs. 189.
 x x 16 x |
9 | x | 1 | = 189 or x = 1575. |
| 12 | 100 |
P.W. = Rs. 1575.
Sum due = P.W. + T.D. = Rs. (1575 + 189) = Rs. 1764.
Discussion:
12 comments Page 2 of 2.
Bruce said:
5 years ago
In question, it is given the amount of the bill, how to know if they are asking about Present Value or Due amount? Please tell me.
Zeeshan said:
4 years ago
Why discount is added to the bill? instead of subtract. Please explain.
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