The true discount on a bill due 9 months hence at 16% per annum is Rs. 171.The amount of the bill is
Choose the correct answer
A) Rs. 1386  B) Rs. 1764  C) Rs. 1425  D) Rs. 2268  E) None of these
Solution   32.5   Let P.W. be Rs. x.Then,S.I. on Rs.x at 16% for 9 months =Rs.171.   ∴ x 16 x9/ 12x 1/100}= 171 or x = 1425.   ∴ P.W. = Rs. 1425.   Answer Rs. 1425
<result>C</result>
The true discount on a bill due 9 months hence at 16% per annum is Rs. 171.The amount of the bill is