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The true discount on a sum of ₹1,100 due one year hence, at 10% simple interest per annum, is

2259Medium DSSSB TGT Computer Science 0 replies 1 views
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The true discount on a sum of ₹1,100 due one year hence, at 10% simple interest per annum, is

  • A₹100
  • B₹90
  • C₹110
  • D₹121
Correct answer: A

Explanation

The present worth is 1,100 / 1.1 = ₹1,000, so the true discount is 1,100 − 1,000 = ₹100.

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