1.  If the true discount on s sum due 2 years hence at 14% per annum be Rs. 168, the sum due is:

A. Rs. 768
B. Rs. 968
C. Rs. 1960
D. Rs. 2400

Answer: Option A

Explanation:

P.W. = 100 x T.D. = 100 x 168 = 600.
R x T 14 x 2

Sum = (P.W. + T.D.) = Rs. (600 + 168)

              = Rs. 768.