1.

Goods were bought for Rs. 600 and sold the same for Rs. 688.50 at a credit of 9 months and thus gaining 2% The rate of interest per annum is:

A. 16(2/3)%
B. 14(1/2)%
C. 13(1/3)%
D. 15%
Answer» B. 14(1/2)%


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