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A.naresh posted an Question
May 15, 2020 • 01:13 am 30 points
  • UGC NET
  • Management

Rs.10 be allowed discount allowed on the same sum due at the end of double the time is ex.4 as discount on a bill of rs. 110 due at the end of a certain time, t

i didn't get this too, in this solution ,s.i means simple intrest??

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  • Dr. ashish kumar suri Best Answer

    Here SI means Simple Interest. The difference between the amount due and the present value or worth of the amount is called the true discount. In other words it is the interest on the present worth.

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