The true discount on a bill due 9 months hence at 16% per annum is Rs. 150. The amount of the bill is	Choices:  A) 1200  B) 1764  C) 1400  D) 1354  E) none of these

Rationale: explanation : let p . w . be rs . x . then , s . i . on rs . x at 16 % for 9 months = rs . 150 . x ã — 16 ã — ( 9 / 12 ) ã — ( 1 / 100 ) = 150 or x = 1250 . p . w . = rs . 1250 sum due = p . w . + t . d . = rs . ( 1250 150 ) = rs . 1400 answer : c
Answer: C