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The true discount on a bill due 9 months hence at 12% per annum is Rs. Find the amount of the bill and its present worth. |
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Answer» Let amount be Rs. x. Then, x*R*T/100 + (R x T) =T.D. =>x * 12*3/ 4/[100+[12*3/4]] =540 x= 540 x 109 = Rs.6540 Amount - Rs. 6540. P.W. = Rs. (6540 - 540) - Rs. 6000. |
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