Correct Answer: Rs. 551.25
Explanation:
SI on rupees 100 for 10 months at 6% per annum = (100 x 10 x 6)/(12 x 100) = Rs. 5.
∴ Amount = 100 + 5 = 105.
So true discount = 105 - 100 = Rs. 5
So If TD = 5 then sum due = 100
So, when TD = 26.25 the sum = (100 x 26.25) / 5 = Rs. 551.25
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