The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is:

Question

Accepted Answer

Let P.W. be Rs. x. Then, S.I. on Rs. x at 16% for 9 months = Rs. 189. ∴ x x 16 x 9 x …

∴ x x 16 x	9	x	1	= 189 or x = 1575.
	12		100

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