The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is Pick one:
A) 1200
B) 1764
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. 189.   x × 16 × (9/12) × (1/100) = 189 or x = 1575.   P.W. = Rs. 1575.   Sum due = P.W. + T.D. = Rs.(1575   189) = Rs. 1764.   Answer: 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