True Discount Q13

13.The true discount on Rs. 1760 due after a certain time at 12% per annum is Rs. 160. The time after which it is due is:

     A.   6 months

     B.   8 months

     C.   9 months

     D.   10 months

Answer:

Option:D:  P.W. = Rs. (1760 -160) = Rs. 1600. ∴ S.I. on Rs. 1600 at 12% is Rs. 160. ⇒ Time = 100 x 160 = 5 years = 5 x 12 months = 10 months 1600 x 12 6 6