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The true discount on a certain bill due for nine months at 4 % simple interest is ₹150. Find the amount of the bill.
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- ₹5150
- ₹5250
- ₹4750
- ₹5650
- None of these
Correct Option: A
Given :- True Discount = ₹ 150 , Time = 9 months = ( 3/4 ) years
| Present worth ( P.W. ) = True Discount × | 100 | = ₹ | 150 × 100 |
| R × T | 3/4 × 4 |
Present worth = 5000
∴ Amount of the bill = Present worth + True discount
Amount of the bill = ₹5000 + ₹150 = ₹5150.
