If the discount on $ 249 at 5 % S.I. be $ 9, when is the

If the discount on $ 249 at 5 % S.I. be $ 9, when is the sum due?

1. 6 months
2. 4 months
3. 9 months
4. 7 months

Correct Option: C

Here , Amount = $ 249 , True discount = $ 9
Present Worth = Amount - True discount
Present Worth ( P.W.) = $ 249 - $ 9 = $ 240
True discount = $ 9
Rate = 5%

∴ Time =	T.D. x 100	=	9 x 100
	P.W. x rate		240 x 5

Time = 9 months.

Discount

Aptitude

Correct Option: C