Discussion :: True Discount
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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:
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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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