31.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:
P.W = Rs. (1760 -160)
= Rs.1600
S.I. on Rs. 1600 at 12% is Rs. 160.
Time = (100 x 160/1600 x 12)
=5/6 years.
=(5/6 x12) months
=10 months.