The true discount on a bill due 9 months hence at 12% per annum is Rs 540. Find the amount of the bill and its present worth?

The true discount on a bill due 9 months hence at 12% per annum is

1.	The true discount on a bill due 9 months hence at 12% per annum is Rs 540. Find the amount of the bill and its present worth?
A.	1600
B.	7000
C.	6000
D.	6500
Answer» D. 6500

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The true discount on a bill due 9 months hence at 12% per annum is Rs 540. Find the amount of the bill and its present worth?

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