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Q: If the true discount on a sum 2 yrs hence at 14% per annum be Rs 168, the sum due is
A. Rs 768    B. Rs 968   
C. Rs 1,960      D. Rs 910

Answer and Explanation

Answer:Rs 768   

Explanation:
PW = (100 * TD) / (R * T) = (100 * 2)/(14 *2) = 600


Sum = (PW + TD) = Rs (600 + 168) = Rs 768

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