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At a given rate, the simple interest and the true discount on a certain sum, for a given time, are ₹24 and ₹22, respectively. The sum is :
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- ₹264
- ₹220
- ₹288
- ₹295
- None of these
Correct Option: A
Given :- True discount = ₹ 24 and Simple Interest = ₹ 22
| ∴ Sum Due = | True discount × Simple Interest | = | 24 × 22 | = ₹ 264 |
| Simple Interest - True discount | 24 - 22 |
