True Discount - Arithmetic Aptitude Questions and Answers

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If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:

Rs. 768

Rs. 968

Rs. 1960

Rs. 2400

Answer : Option A

Explanation :

P.W. = $\frac { 100*T.D } { R*T }$ = $\frac { 100*168 } {14*2 }$ =600

Sum = (P.W. + T.D.) = Rs. (600 + 168) = Rs. 768.

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