What is the true discount on a bill of Rs.2916 due in 3 years hence at 8% C.I.?	Choose the most appropriate option.
A) rs.600
B) rs.601
C) rs.602
D) rs.603
E) NONE OF THESE
Explanation:   PW=Amount/(1+R/100)t   ANSWER IS rs.602
<result>C</result>
What is the true discount on a bill of Rs.2916 due in 3 years hence at 8% C.I.?