The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is:

Question: The true discount on a bill due 9 months hence at 16% per annum is Rs. 189. The amount of the bill is:

1.Rs. 1386

2. Rs. 1764

3.Rs. 1575

4. Rs. 2268


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