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Q: The true discount on a bill due 9 months hence at 16% per annum is Rs 189. The amount of the bill is
A. Rs 1,386    B. Rs 1,764      
C. Rs 1,575      D. Rs 2,268

Answer and Explanation

Answer:Rs 1,764      

Explanation:
Let the PW be Rs x. Then, SI on Rs x a 16% for 9 months = Rs 189.
Hence, x * 16 * 9/12 * 1/100 = 180 or x = 1575
Hence, PW = Rs 1575
Hence, Sum due = PW + TD = Rs (1575 + 189) = Rs 1,764

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