Subject

    Quantitative Aptitude

    Topic

    Percentage

    The true discount on a bill due 9 months hence at 16% per annum is Tk. The amount of the bill is:

    ক)
    Tk. 1386
    খ)
    Tk. 1764
    গ)
    Tk. 1575
    ঘ)
    Tk. 2268

    Explanation

    Let P.W be Tk. X. Then, S.I on Tk. X at 16% for 9 months = Tk. 189. So, x ×16× 9/12×1/100 = 189 or x = 1575 So, PRESENT WORTH = Tk. 1575 So, Sum due = PRESENT WORTH + TRUE DISCOUNT = Tk. (1575+189) = Tk. 1764

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