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Q: The true discount on Rs 1,760 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 and Explanation

Answer:10 months

Explanation:
PW = Rs (1760 – 160) = Rs 1600
SI on Rs 1600 at 12% is Rs 160
Hence, Time = (100 * 160)/(1600 * 12) = 5/6 years = (5/6 * 12) = 10months

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