The true discount on a bill due 9 months hence at 16% per annum is Rs. 210. The amount of the bill is
Answers:
A) 1200
B) 1960
C) 1600
D) 1354
E) None of these
Explanation:   Let P.W. be Rs.x.   Then, S.I. on Rs. x at 16% for 9 months = Rs. 210.   x Ã— 16 Ã— (9/12) Ã— (1/100) = 210 or x = 1750   P.W. = Rs. 1750   Sum due = P.W. + T.D. = Rs.(1750   210) = Rs. 1960.   Answer: 1960
<result>B</result>
The true discount on a bill due 9 months hence at 16% per annum is Rs. 210. The amount of the bill is