Question

The true discount on rs.1760 due after a certain time at 12% per annum is 160

Answer 1

Answer:

10 months

Step-by-step explanation:

P.W = Rs. (1760 - 160) = Rs.1600  

S.I on Rs.1600 at 12% is Rs. 160  

Time = (100 x 160)/(1600 x 12)  = 5/6 years = (5/6) x 12 months = 10 months