-
$ 20 is the true discount on $ 260 due after a certain time. What will be the true discount on the same amount due after half of the earlier time, the rate of interest being the same.
-
- $ 10
- $ 10.40
- $ 15.20
- $ 13
Correct Option: B
S.I. on $ 240 for a given time = $ 20
S.I. on $ 240 for half the time = $ 10
∴ $ 10 is T.D. on $ 250
| So, T.D. on $ 260 = $ |  | 10 | x 260 |  | = 10.40 . | |
| 250 |
