Aptitude - True Discount - Discussion

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Q.

The true discount on a certain sum of money due 3 years hence is Rs.250 and the simple interest on the same sum for the time and at the same rate is Rs.375. Find the sum ?                         


A. Rs. 500 B. Rs. 750
C. Rs. 1,000 D. Rs. 1,250

Answer: Option B
Explaination:

 





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