Subject

    Quantitative Aptitude

    Topic

    Percentage

    The true discount on Tk. 1760 due after a certain time at 12% per annum is Tk. The time after which it is due is:

    ক)
    6 months
    খ)
    8 months
    গ)
    9 months
    ঘ)
    10 months

    Explanation

    PRESENT WORTH = Tk. (1760-160) = Tk. 1600. S.I. on Tk. 1600 at 12% is Tk. 160 So, Time = (100×160)/(1600×12)= 5/6 years = (5/6)×12 months = 10 months

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