The true discount on a bill due 9 months hence at 16% per annum is Rs. 180.The amount of the bill is  Choose the correct answer:	A) Rs. 1386	B) Rs. 1764	C) Rs. 1500	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.180.   ∴ x 16 x9/ 12x 1/100}= 180 or x = 1500.   ∴ P.W. = Rs. 1500.   Answer Rs. 1500
<result>C</result>
The true discount on a bill due 9 months hence at 16% per annum is Rs. 180.The amount of the bill is