At a rate of 16 percent per year, the real discount on a debt due in 9 months is Rs. 189. The bill's total amount is:
A. Rs. 1386
B. Rs. 1764
C. Rs. 1575
D. Rs. 2268
Answer:B
At a rate of 16 percent per year, the real discount on a debt due in 9 months is Rs. 189. The bill's total amount is:
A. Rs. 1386 B. Rs. 1764 C. Rs. 1575 D. Rs. 2268
Explanation: P.W. will be Rs. x.Then pay S.I. on Rs. x for 9 months at a rate of 16 percent = Rs. 189.189 or x = 1575 = x x 16 x 9/12 x 1/100 = x x 16 x 9/12 x 1/100 = x x 16 x 9/12 x 1/100 =P.W. is equal to Rs. 1575.P.W. + T.D. equals Rs. (1575 + 189) = Rs. 1764.