The true discount on a bill due 9 months hence at 12% per annum is Rs 540. Find the amount of the bill and its present worth?

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Let amount be Rs.x then, [X * R * T] / [100 + (R * T)] = T.D => [x * 12 * (3/4)] / [100+(12 * 3/4)] =540 => x = 6540 Amount = Rs.6540 &nb…

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