The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is :
Select the correct option:	A) Rs. 1386	B) Rs. 1764	C) Rs. 1575	D) Rs. 2268	E) None of these
Solution   Let P.W. be Rs. x. Then, S.I on Rs. X at 16% for 9 months = Rs. 189.   ∴ xX 16x9/12x1x100 = 189 or x = 1575.   ∴ P.W = Rs. 1575.   ∴ Sum due =P.W + T.D. = Rs. (1575+189) = Rs. 1764.   Answer Rs. 1764
<result>B</result>
The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is :