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Profit, Loss & Discount

Question 27 ....

Question

Question 27. The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is:

(a) Rs. 1386

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(b) Rs. 1764

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(d) Rs. 2268

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Solution

The correct option is B
(b) Rs. 1764

(b)

Explanation: Let P.W. be Rs. x.

Then, S.I. on Rs. x at 16% for 9 months = Rs. 189.

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