The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is?
- Rs. 1764
- Rs. 1575
- Rs. 2268
- Rs. 1386
Explanation
True Discount (TD) = Rs. 189
Rate (R) = 16% per annum
Time (T) = 9 months = 3/4 year
Using the formula:
TD = (P x R x T) / 100
where P is the amount of the bill, we can rearrange the formula to solve for P:
P = TD x 100 / (R x T)
= 189 x 100 / (16 x 3/4)
= 189 x 100 / 12
= 1764
So, the amount of the bill is Rs. 1764.
Related MCQs
- 5%
- 7%
- 9%
- 12%
اس سوال کو وضاحت کے ساتھ پڑھیں
- Rs. 35,000
- Rs. 39,727
- Rs. 45,000
- Rs. 50,000
اس سوال کو وضاحت کے ساتھ پڑھیں
- 500
- 600
- 480
- 976
اس سوال کو وضاحت کے ساتھ پڑھیں
- 20%
- 25%
- 30%
- 15%
اس سوال کو وضاحت کے ساتھ پڑھیں
