True Discount
- $ 20 is the true discount on $ 260 due after a certain time. What will be the true discount on the same amount due after half of the earlier time, the rate of interest being the same.
-
View Hint View Answer Discuss in Forum
S.I. on $ 240 for a given time = $ 20
S.I. on $ 240 for half the time = $ 10
∴ $ 10 is T.D. on $ 250Correct Option: B
S.I. on $ 240 for a given time = $ 20
S.I. on $ 240 for half the time = $ 10
∴ $ 10 is T.D. on $ 250So, T.D. on $ 260 = $ 
10 x 260 
= 10.40 . 250
