A banker discounts a 4 months bill at 3 %. If the proceeds be invested

1.
A banker discounts a 4 months bill at 3 %. If the proceeds be invested in a manner, so that nothing is lost, the interest rate should be :

A. 3%

B. 4%

C. None of these

Answer» D.

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A banker discounts a 4 months bill at 3 %. If the proceeds be invested in a manner, so that nothing is lost, the interest rate should be :

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1.	A banker discounts a 4 months bill at 3 %. If the proceeds be invested in a manner, so that nothing is lost, the interest rate should be :
A.	3%
B.	4%
C.	None of these
Answer» D.