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Rs. 20 is the true discount on Rs. 260 due after a certain time. What will be the true discount on the same sum due after half of the former time, the rate of interest being the same? |
| Answer» S.I. on Rs. (260 - 20) for a given time = Rs. 20. S.I. on Rs. 240 for half the time = Rs. 10. T.D. on Rs. 250 = Rs. 10. T.D. on Rs. 260 = Rs. 10 x 260 = Rs. 10.40 250 | |