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The true discount on Rs. 1760 due after a certain time at 12% per annum is Rs. 160. The time after which it is due is:

6 months
8 months
9 months
10 months

Correct Answer: 10 months

Explanation:

P.W. = Rs. (1760 -160) = Rs. 1600.

∴ S.I. on Rs. 1600 at 12% is Rs. 160.

∴ Time =	❨	100 x 160	❩	=	5	years =	❨	5	x 12	❩months = 10 months.
		1600 x 12			6			6

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