Q:
If the truediscount on a sum due 2yrs hence at 14% per annum be Rs168. The sum due is?
Answer & Explanation
Answer: C) 768
Explanation: P.W = (100 x T.D)/(R x T) = (100 x 168)/(14 x 2)= 600
Sum = (P.W + T.D) = Rs. (600+ 168) = Rs.768.
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