Q16
The bankers discount on Rs. 1800 at 12% per annum is equal to the true discount on Rs 1872 for the same time at the same rate. Find the time.
A.
4 months
AnswerB.
5 months
C.
6 months
D.
3 months
Answer: Option A
Solution
Answer: Option A
Solution:
S.I. on Rs. 1800 = T.D. on Rs. 1872P.W. of Rs. 1872 is Rs. 1800
Rs. 72 is S.I. on Rs. 1800 at 12%